Caseking (Overclockers UK) bought by Equistone Partners Europe Limited

gamesaregood

gamesaregood

gamesaregood

Soldato
Joined
17 Sep 2003
Posts
2,813
Location
Suffolk
No, but the forums get a mention -

Funds managed by Equistone Partners Europe Limited (“Equistone”) today announce the acquisition of a majority stake in Caseking Group (“Caseking” or “the Company”), the leading European online supplier of high-performance gaming and PC components, from AFINUM, alongside Company management. The deal value is undisclosed.

Equistone’s investment will support Caseking’s growth, including an expansion into new geographies and further development of the Company’s product portfolio to reinforce its leading position in current markets. The transaction has received regulatory approval.

Caseking was established in Berlin in 2003 by co-founders Toni Sonn (Chief Executive) and Kay Kostadinov (Chief Financial Officer). In 2012, Caseking acquired Overclockers UK, a leading online distributor of PC components, based in the UK.

Overclockers UK provides a wide range of performance hardware at competitive prices, as well as engagement services for its customers. The Overclockers UK online forum is the most popular of its type in the UK, featuring both computer and lifestyle discussion topics.

Let's just hope the new investors do not take too much notice of GD. :D
 
Give it a couple of months before Equistone Partners Europe Limited are bought by Zuckerberg and Co.

Like buttons on every post, EVERY POST.
 
kindai said:
Maybe they'll invest in upgrading the boards to XenForo :D:D:D
Click to expand...

HAHAHA Hilarious! (Please?)

The Wiki says about EPE:

Equistone Partners Europe Limited was established in 2011 as an independent investment firm following the buyout of Barclays Private Equity (BPE) by its executives.[1][2]

BPE, founded in 1982, was the private equity division of Barclays Capital, the investment banking arm of Barclays plc.

Equistone has a team of 33 investment professionals operating in Birmingham, Manchester, Munich, London, Paris and Zurich, investing as a strategic partner alongside management teams. In each of our markets we look for strategic businesses with the potential to grow in value assisted by our capital and our experience.

Barclays Private Equity was the predecessor of Equistone until the firm's spinout from Barclays Capital in 2011
They have a focus on change of ownership deals and aim to invest between €25m and €125m of equity in businesses with enterprise values of between €50m and €300m


-------------

But don't forget, there's no money in PC's these days because console fanboys will tell you PC gaming is dying.
 
You must log in or register to reply here.
Back
Top Bottom