Cartagena Capital advises Owlient's shareholders on the sale to Ubisoft
Cartagena Capital acted as exclusive financial advisor to the shareholders of Owlient
Munich, 14.07.2011 - Ubisoft recently announced the acquisition of free-to-play game developer Owlient.
The team at Owlient has extensive expertise in the management of online game-playing communities, and their Howrse brand has almost two million monthly active users.
Founded in Paris in 2005, Owlient and their 40 team members are a forerunner in creating free-to-play games. The company sets itself apart for its ability to develop the expertise and technology necessary to manage and entertain an online game community. The acquisition is subject to customary closing conditions.
Cartagena Capital advised the shareholders, Innovacom and the founders, on this transaction.
“Cartagena worked closely with us throughout every step of this transaction and always provided sound advice. We were deeply impressed with their reach to leading games companies in the US, in Europe and in Asia” comments Olivier Issaly, CEO of Owlient.
For more information please visit www.cartagena-capital.com or contact us.
This transaction marks yet another successful transaction in the games space for Cartagena Capital.
Other recent transactions include:
Contact:
Cartagena Capital GmbH
Jan Vocke, Partner
jan [at] cartagena-capital [dot] com
www.cartagena-capital.com