Outsourcing and development company Winking Studios has raised £7.9m ($10.1m) as part of its dual listing on the London Stock Exchange’s AIM market.
This complements “more than $30 million of existing available cash resources to support mergers, acquisitions and expansion in Europe and North America.”
Winking said The Placing had the support of its current majority shareholder, Acer Group.
The company said it works with 22 of the world’s top 25 game developers, including Activision, EA and Ubisoft, on major franchises such as Call of Duty, FIFA and Assassin’s Creed, respectively.
“We believe Winking Studios has a significant opportunity to expand its presence globally, and the dual listing on AIM will further support our global ambitions and position us to accelerate growth,” said Johnny Jan, founder and CEO of Winking, when announcing his intention to go public.
“London seems the obvious choice, giving us a foothold in a market known for its deep knowledge of the global gaming industry and its support of ambitious international firms such as Winking Studios.
“Operating in a rapidly growing industry, with a proven track record of delivering and relationships with the majority of the world’s largest game developers, we plan to build on our success to date and capitalize on the fragmented nature of the industry landscape to drive the future. growth,” Jan concluded.
