Announced
Completed
Financials
Tags
video game developer
France
Private
Domestic
Minority
Completed
Gaming
Acquisition
Friendly
Single Bidder
Private Equity
Synopsis
Private equity firm Sagard completed the €20m investment in Asobo Studio, a PC and console video games development studio. The deal consists in Sagard NewGen acquiring a minority stake in Asobo Studio and allows to associate more employees with the capital of the company. With Sagard NewGen aboard, Asobo Studio gains a strong ally to support its growth, while preserving its strategic and creative autonomy.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.