Embracer Group AB, through its wholly owned subsidiary DECA Games, has entered into an agreement to acquire 100% of the shares in Canada-based IUGO Mobile Entertainment Inc. (“IUGO”). IUGO is a Canadian free-to-play mobile game developer with extensive industry experience and a team of 86 professionals.

The founders of IUGO were represented by Fylgia’s partner Mattias Larsson (Head of M&A).