THQ Nordic has entered into an agreement to acquire 100% of the share capital of Koch Media GmbH, including, inter alia, the games developer and publisher Deep Silver with AAA-intellectual property rights such as Saints Row, Dead Island and exclusive licence for Metro, for a total consideration or EUR 121 million on a cash and debt free basis.
Koch Media is a leading, independent producer and marketer of digital entertainment products in Europe and North America which includes the games developer and publisher Deep Silver with AAA-intellectual property rights such as Saints Row, Dead Island and exclusive licence for Metro.
The new group generated pro forma net sales and Adjusted EBIT for the period April – December 2017 of SEK 2,933 million and SEK 505 million, respectively.
Signing and closing of the transaction took place on 14 February 2018.
Carnegie acted as sole financial advisor to THQ Nordic AB (Publ).