March 15, 2019
Technology, Digital Media and Media, Digital Media
GCA Advises Mediatonic on an Investment from Synova Capital
GCA is pleased to announce we advised Mediatonic, a leading independent mobile live games developer, on an investment from private equity firm Synova Capital.
Founded in 2005, Mediatonic has launched over 100 games in partnership with some of the world’s largest game publishers, including Scopely and Square Enix. Mediatonic’s proven track record in delivering and operating high-quality titles has led blue-chip publishers to partner with the company to develop and manage some of their most significant intellectual properties, including Gears Pop! (Gears of War, Microsoft) and Fantastic Beasts: Cases from the Wizarding World (Harry Potter, Warner Bros).
Synova Capital’s partnership funding will support Mediatonic’s further growth, allowing the company to invest in strategic partnerships, develop new titles and publish niche games by third party developers.
Dave Bailey, CEO of Mediatonic, commented: “Partnering with a like-minded and ambitious investor is critical as we continue to scale our business, invest in new opportunities and expand our offering. Synova had an intimate understanding of the enormous opportunities in front of us and shared our strategic vision for Mediatonic.”
GCA acted as exclusive financial advisor to the shareholders of Mediatonic in connection with this transaction.