Mail.Ru Group Limited (LSE:MAIL) agreed to acquire ESForce from Anton Cherepennikov and Highland Falls Investment for $120 million on January 19, 2018. The purchase price payable will be after deducting any outstanding debt at closing, with a further Key Performance Indicator related payment of $20 million at the end of 2018 connected to specific financial and operating target. ESForce's team will remain in place. The deal is subject to third party approvals. The transaction has been approved by all non-interested and independent directors. As of February 27, 2018, the transaction is approved by the Federal Antimonopoly Service. An independent committee of the board was formed to oversee the acquisition process and to advise non-interested directors. Deloitte acted as accountant and Morgan Stanley acted as financial advisor to Mail.ru Group Limited.