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12 November, 2021

MKD Law enhances its M&A practice

MKD Law has partnered with DWF to advise the shareholders of Singular on their sale of 100% of shares to Flutter Entertainment.

MKD Law advised the sellers on all aspects of Georgian law and regulations related to the Georgian leg of the transaction which in terms of its value and complexity is the landmark deal of the year in the gaming sector of Georgia.

Singular established in Georgia back in 2009 is the largest B2B software development company in the country with a growing footprint in multiple jurisdictions of the region.

Flutter Entertainment is one of the largest online operators in the world with net gaming revenue of over €5.9bn in 2020.

MKD Law Partners - Sandro Samadbegishvili and Mikheil Gogeshvili represented the shareholders of Singular in the transaction.