Gide advises Digital Alpha on its strategic investment in Blacknut

Gide advised Digital Alpha, a global investment firm dedicated to digital infrastructure, on its strategic investment of up to USD 215 million in Blacknut, one of the leading cloud gaming platforms.

As part of this transaction, Digital Alpha becomes a strategic shareholder in Blacknut. The investment will support the platform’s growth strategy: product development, expansion of its content catalogue, investment in infrastructure and expansion into international markets.

Based in Paris, Blacknut has more than three million subscribers across more than 65 countries and provides access to a catalogue of over 1,000 video games, available on a wide range of devices.

The Gide team was composed of partner David-James Sebag and associate Bastien Duclos.