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New Deal


Announced

Completed

NorthEdge Capital completed the acquisition of Catalis for £90m.

Financials

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Transaction Value£90m
Consideration TypePartial Share Alternative, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium179.6%
One Off Charge-

Tags

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United Kingdom

Gaming

Acquisition

Friendly

game testing

Public

Private Equity

Completed

Single Bidder

Majority

Synopsis

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Private equity firm NorthEdge Capital completed the acquisition of Catalis, a game testing company, for £90m. The price represents a premium of approximately 179.6% to the market capitalisation of Catalis. "Catalis has performed well and according to plan since its delisting from the Frankfurt Stock Exchange in 2018, delivering organic growth, a publishing portfolio of increased depth and quality, and a strengthened Testronic business. I would like to take this opportunity to thank all the employees of Catalis for all their hard work and support," Peter Biewald, Catalis Chairman.

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