Offers Invited
Hilco is seeking offers to acquire the intellectual property assets of Cobra Mobile Limited (In Liquidation) (“Cobra Mobile” or the “Company”), a UK-based mobile games development studio, on behalf of the Liquidator of the Company, Steven Wright of Dains.
Founded in 2005 and headquartered in Dundee, Scotland, Cobra Mobile was a multi-award-winning and BAFTA-nominated mobile games developer and publisher. Over nearly two decades, Cobra Mobile built a reputation for delivering innovative, polished titles across mobile, console, and PC platforms. The Company’s games have generated millions of downloads globally and secured partnerships with industry leaders, including Apple, EA, Warner Bros, LEGO, and Chillingo.
Cobra Mobile’s extensive catalogue spans action, puzzle, tower defence, and hyper-casual genres, with successful original IP such as iBomber, Storm in a Teacup, Red’s Kingdom, and Towers of Everland. The Company’s games have featured prominently on the App Store, Google Play, Steam, Nintendo eShop, and Apple Arcade, earning critical acclaim and strong player engagement.
The Company’s technology infrastructure combines proprietary source code, cross-platform development pipelines, and refined gameplay mechanics, enabling efficient multi-platform deployment and recurring content updates. This sale offers the opportunity to acquire a respected brand with proven commercial traction, an extensive IP library, and the know-how to relaunch or license popular gaming assets for immediate revenue.
Cobra Mobile is a recognised name in the independent games market, synonymous with high-quality mobile experiences and a distinct visual style. The brand has earned five BAFTA nominations, European Games Awards recognition, and widespread media coverage highlighting both its creative output and its collaborations with blue-chip partners.
With a loyal global following, the Cobra Mobile brand offers considerable potential for revitalisation, further licensing, or integration into a larger publishing portfolio.
The Company holds unregistered trade marks protecting the “Cobra Mobile” brand name and logos through continuous use and promotion, along with sub-brand goodwill associated with its games.
Full details of the Company’s trade marks are available via a virtual data room.
Cobra Mobile holds the copyright in the original source code, artwork, and associated assets for its extensive and highly regarded catalogue of games. The Company’s portfolio reflects nearly two decades of continuous development across multiple platforms and genres, underpinned by a proprietary technical framework and proven game design expertise. Available titles include:
The Company also retains a portfolio of unreleased prototypes and concepts, many of which are production-ready or near completion, representing a valuable pipeline of potential new releases or licensable content for publishers and platforms seeking proven development pedigree and ready-made gameplay systems.
The Company holds the primary cobramobile.com domain name, which is available for acquisition.
The Company holds the copyright in the website content hosted at its domain, showcasing Cobra Mobile’s game portfolio and promotional content.
Rights in the Company’s social media accounts across Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest and TikTok are available to acquire, with c. 20k collective followers across the Company’s platforms.
Full details on the Company’s social media accounts are available via a virtual data room.
Offers Invited
All expressions of interest and bids are to be directed to Hilco in writing. Please contact Hilco to gain access to a virtual data room for further information on signing a confidentiality agreement.
Hilco is acting as exclusive agent to the Company and its Liquidator in connection with the proposed sale of some or all of the Company’s assets. The Liquidator acts as an agent of the Company and without personal liability.
All sales are made strictly on an “as is, where is” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Company, its Liquidator or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period and on the terms agreed. A Buyer’s Premium of 10% of the final purchase price is payable by the successful purchaser in addition to the agreed purchase price, is non-negotiable and is payable at the same time and in the same manner as the purchase price and forms a condition of sale.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Company and its Liquidator.
Associate Director
Manchester Office
