DLA Piper counsels gaming group Aonic on EUR152 million investment deal
DLA Piper, a firm known for its expertise in advising clients on corporate matters, recently helped Aonic secure a substantial growth investment. In a deal worth EUR152 million, Aonic received EUR100 million from Metric Capital Partners and an additional EUR52 million from major shareholder Active Ownership.
This significant investment represents one of the largest transactions in the European video gaming industry. The funds will enable Aonic to expand its games portfolio and pursue mergers and acquisitions to further grow its business.
Aonic, a diversified video gaming and technology group, has experienced rapid growth since its establishment in 2021. With a presence in 12 companies across Europe and North America, Aonic is involved in game development, publishing, and related services. As of Q3 2024, the company reported a revenue of EUR151 million.
DLA Piper’s team, led by partners Andreas Füchsel and Edward Griffiths, played a crucial role in facilitating this investment. The team, which includes senior associate Philipp Meyer Reichen and others, has a long-standing relationship with Aonic, advising the company on various gaming activities and M&A transactions.
As Aonic continues to expand its reach in the gaming industry, this latest investment will support its strategic growth initiatives. With the backing of Metric Capital Partners and Active Ownership, Aonic is well-positioned to capitalize on emerging opportunities in the market.
