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Announced

Completed

Aonic Group completed the acquisition of a minority stake in nDreams for $35m.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Private Equity

Single Bidder

Friendly

Completed

Minority

video games

Cross Border

Acquisition

United Kingdom

Gaming

Synopsis

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Aonic Group, a video gaming family, completed the acquisition of a minority stake in nDreams, a company that develops and publishes video games, for $35m. “This is a pivotal moment for nDreams, and I’m delighted to have the support of Aonic, who share the same ambitious vision for the company that we do. As VR continues its trajectory towards becoming a truly mass-market technology, this is the rocket fuel needed to accelerate our rapid growth and take advantage of the many opportunities that continue to come our way," Patrick O’Luanaigh, nDreams Co-Founder and CEO.

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