Schoenherr advised Treo Asset Management on the sale of Maxbet Romania and Maxbet Malta to Super Technologies, the company operating the Superbet online betting and casino brand. By taking over Maxbet’s operations and client portfolio, Super Technologies marks a significant step in its consolidation strategy in the Romanian gaming market.
The Schoenherr team provided sell-side legal advice throughout all phases of the transaction. Completion of the transaction is subject to approval by the Romanian Competition Council.
„We are proud to have advised the seller on this sophisticated cross-border transaction. Gaming market transactions demand navigating intricate regulatory frameworks while keeping commercial objectives firmly in focus. Our sector expertise enabled us to deliver strategic, results-driven legal advice that brought this deal across the finish line,” said partner Mădălina Neagu, who led the Schoenherr team advising on this deal.
TREO Asset Management is an independent special situations asset manager serving investors and asset owners in the management of challenging investment situations, globally. Maxbet was established in Romania in 2002 and has become one of the leading players in the gaming industry.
Super Technologies is a global entertainment company with commercial operations in Romania, Poland, Serbia, Belgium and Brazil, as well as technology centres in Spain, the Netherlands, Croatia, the United Kingdom and Romania.
The Schoenherr team advising the seller was led by Mădălina Neagu (Partner) and included Mihaela Popescu (Managing Attorney at Law), Alina Cristea (Senior Attorney at Law) and Ștefan Popa (Attorney at Law).
Author: Ioana Andrei
Photo: Schoenherr
