Posted tagged ‘exit’

Bigpoint exits for 70 M€

September 30, 2008

This is old news from June, but it completely has escaped my attention. Bigpoint, which is one of the largest developers and operators of Free To Play games has been sold to private equity funds GMT Communications Partners and the Peacock Equity Fund (part of the General Electric / NBC Universal family) .

The price tag: a sweet 70 million euros. Bigpoint had at the closing of the deal 23 million registered users (price=3 € / user), but that figure has already risen to 35 million users. They have roughly 100-130k daily average users and are active in at least 17 countries. Some of country operations are directly by Bigpoint, while some are partnerships with local operators. The Finnish site is operated under the label Topkani, in co-operation with Finland’s largest commercial TV channel MTV3.

Bigpoint also announced a co-op with NBC Universal to promote their games thru SCI FI and USA Network websites.