Germany-based Bigpoint, an online gaming company with a developer team in San Francisco, said that it secured $350 million in a recapitalization financing from TA Associates and Summit Partners, growth equity firms with offices in Boston and Silicon Valley. The deal gives TA and Summit a controlling share of Bigpoint together, with previous shareholder Comcast Interactive Capital’s Peacock Equity Fund selling its holdings and GMT Communications Partners and GE selling a majority of their Bigpoint stake. Bigpoint, which makes the games Battlestar Galactica Online, Farmerama and DarkOrbit, will put the new money toward international expansion
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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