Clipperton Finance successfully led the secondary placement of Metaboli shares
Transaction led by Clipperton Finance, acting as Sole Manager.
Paris, May 27, 2009
Clipperton Finance, a leading European corporate finance boutique focused on the High Tech and Media industries, today announced the secondary placement of all Metaboli shares held by Nicominvest, one of the main financial shareholders of the company. Nicominvest, the early stage family office of Alain Nicolazzi, had backed Metaboli since inception. The sale successfully materializes Nicominvest’s investment in the company. The identity of the acquirer is undisclosed.
Metaboli is a worldwide leader in online video games distribution, with operations in France, USA, the UK, Germany and Italy. Metaboli offers ISPs and large European Internet portals a delivery platform for online video games distribution. This platform supports subscription-based services as well as buy-and-download services, for a rich catalogue of video games. The services are operated in white label or under the company’s own brands: Metaboli, Gametap (US) and Gamesplanet. Leading game publishers, including Atari, Codemaster, Eidos, Microsoft, Sega, THQ, Take 2, Ubisoft… are using Metaboli’s platform, resulting in one of the best catalogues of video games available online. For more information, visit www.metaboli.com
Alain Nicolazzi, owner of Nicominvest, commented the sale: “I have been a supporter of Metaboli since the company started its operations; after years of exciting growth, the company has how reached a new stage, with worldwide ambitions backed by tier one investors such as Innovacom, Intel and Turner. The role of an entrepreneur such as myself is now to let larger organizations support the company; I am happy to successfully leave the company’s shareholder group at this important moment, which was made possible by the work and collaboration with Clipperton Finance”.
Commenting on the transaction, Nicolas von Bülow, Partner of Clipperton Finance and in charge of the transaction, said: “Clipperton Finance has been a historical advisor to both Metaboli and Nicominvest. In our opinion, this transaction is a good example of a win-win situation: it provides a good exit to one the company’s most faithful and longstanding investors while reinforcing the company’s capital structure to foster further growth on its exciting market”.
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About Clipperton Finance
Based in Paris and London, Clipperton Finance is a European corporate finance boutique dedicated to the High Tech and Media industries. Clipperton is focused on start-up and high-growth companies in the Internet, Software, Telecom, Components, CleanTech, MedTech and Media spaces, advising them in their financial transactions: fundraising/capital increases and Mergers & Acquisitions. Over the past years the company and its team have successfully structured numerous high level international transactions in the European High Tech sector.