Corporate lawyers at Square One Law have successfully advised the interactive gaming group Netplay TV on the acquisition of Vernons.com which operates an online casino, bingo, poker and sports book.
The acquisition includes the brand, customer database and various other gaming assets. Netplay TV chief executive Charles Butler said: “This acquisition fits very well with the group’s core business, adds scale and customer reach, and will be integrated quickly and efficiently to realise the excellent operational synergies.”
Square One Law’s corporate team completed the deal in two and a half weeks as opposed to the standard four to six, finalising the transaction with full support from all parties.
Jeremy Swift, head of corporate and commercial, said: “Over the past seven years I have worked with Netplay TV on a number of transactions.
“I was delighted to be able to further support the growth and development of the business.”
Butler added: “The corporate team at Square One Law has continued to impress me with their ability to advise on all aspects of corporate and commercial law.
“Jeremy and the team understand Netplay TV and its strategic vision which ensured the transaction was completed quickly.”