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ADSERO advises UMX Studio on acquisition by Jetapult

Adsero advised UMX Studio in its recent acquisition by Jetapult, a global investment company in the gaming sector.

UMX Studio

UMX Studio is a Saudi game development studio that focuses on mobile games. Founded in 2014, it has surpassed 70 million downloads on its games.

Jetapult

A venture capital firm with a focus on game development, based in India. It is backed by Accel and Fireside Ventures.

Adsero’s team

Led by Ibrahim ElGengehy, partner, assisted by Soha Hussein, associate, and Youssef Abdelkader, junior associate.

They worked with colleagues from Catalyst Partners, UMX Studio’s financial advisors: Abdelaziz Abdel Nabi, co-founder; Ramy Osman, partner; and Mohamed Akmal, director; Jerome Merchant and his partners.

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