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Osborne Clarke advises Headup on sale to Thunderful Group


Written on 2 March 2021

Thunderful Group AB acquires the German game publisher and developer Headup with 14 employees. In connection with the acquisition, Headup’s CEO Dieter Schoeller takes on the role as Head of Publishing in the Thunderful Games segment.

The international legal practice Osborne Clarke advised Headup on the sale, the team was led by Nicolas Gabrysch (Corporate/VC) and consisted of Konstantin Ewald (IT), Alexandra Nautsch (Corporate), Jens Wrede (Tax) and Sonja Riedemann (Employment).

Headup GmbH, founded in 2009, is an acclaimed publisher and game developer active on all major platforms: consoles, mobile devices and PCs. Headup remains an independent game publishing and development company, and will be reported as part of the Thunderful Games segment. In connection with the acquisition, Headup’s CEO Dieter Schoeller will take on the role of Head of Publishing within Thunderful Group, and will thus be responsible for Thunderful’s publishing operations in Sweden and Germany.

Over the past decade, Headup has won the category “Best Game Publisher” at the German Developers Awards several times. Among the successes are the game series Bridge Constructor, Trüberbrook which won the title Best German Game 2019, and the Mega Grant winner Pumpkin Jack. Over the years, Headup has published an extensive catalogue of games and also collaborated with well-known game developers on unique special editions of titles such as LIMBO, The Binding of Isaac, Super Meat Boy, QUBE and Terraria.

 

About Osborne Clarke

Osborne Clarke is an international legal practice with over 1,800 employees at 26 locations worldwide, including 150 lawyers in Berlin, Hamburg, Cologne and Munich. With the claim “Helping you succeed in tomorrow’s world”, extensive industry knowledge through networking and outstanding expertise in the digital transformation of business models, Osborne Clarke advises and represents companies, entrepreneurs and investors in all practical business law issues focusing not only on our chosen sectors but also on the three key topics of digital transformation, decarbonisation and urban development.

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