Avalanche Studios receives investment from Nordisk Film

Avalanche Studios: A leading open world game developer

Avalanche Studios is a Swedish video game developer founded in 2003 by Linus Blomberg and Christofer Sundberg that creates games based on its unique, proprietary technology, the Apex – Avalanche Open World Engine, capable of creating some of the most impressive open worlds in the industry.

Avalanche Studios is the original creator of games such as the award-winning Just Cause franchise, Mad Max (published by Warner Bros.), Renegade Ops (published by SEGA), or self-published free-to-play service theHunter Classic that enjoys more than 7 million registered players across 190 countries.

The studio currently employs more than 270 people with offices in Stockholm and New York City.

Seizing international growth opportunities

With the investment from Nordisk Film, Avalanche Studios will be able to accelerate its growth in the international gaming market.

Nordisk Film will invest more than USD 10m for a minority ownership share in Avalanche Studios and accelerate the Company’s international growth.

Founded in 1906, Nordisk Film (a subsidiary of media group Egmont) is the leading producer and distributor of films in the Nordic countries and operates the largest cinema chains in Denmark and Norway. It also has digital businesses within gift cards, ticketing services, computer games development and distribution, and eSports.

GCA Altium acted as sole advisor to Avalanche Studios.

Related Transactions

GCA is a trade name for GCA Corporation and its subsidiaries and other affiliates which include:

• GCA Advisors, LLC, a Delaware limited liability company, registered broker-dealer and FINRA (www.finra.org) and SIPC member firm (www.sipc.org). GCA Advisors, LLC provides independent financial advice on matters related to Mergers & Acquisitions, Debt Capital Markets, Recapitalization & Restructuring, Cross Border and Strategic Alliances, Special Committees, Private Funds, Private Placements and Venture Support. Check the background of GCA Advisors, LLC on FINRA’s BrokerCheck (brokercheck.finra.org).
• GCA Altium Limited, a company providing financial advisory services in the UK, Switzerland, Germany, Italy and Israel and incorporated under English law, is authorized and regulated by the Financial Conduct Authority in the United Kingdom and provides independent financial advice on matters related to Mergers & Acquisitions, Debt Capital Markets, IPOs, Recapitalization & Restructuring, Cross Border and Private Placements.
• GCA Corporation, a company incorporated in Japan which provides financial advisory services on matters related to Mergers & Acquisitions, Cross Border, Private Placements & IPOs, Growth Strategy Services, and Post-Merger Integration.
• GCA China Company, Limited, a company incorporated in Shanghai which provides financial advisory services in China on matters related to Mergers & Acquisitions, Cross Border, Mezzanine Financing, Growth Strategy Services, Due Diligence and Post-Merger Integration.
• GCA India Company, Limited, a company incorporated in Mumbai which provides financial advisory services in India on matters related to Mergers & Acquisitions, Cross Border, Mezzanine Financing, Growth Strategy Services, Due Diligence and Post-Merger Integration.
• AMPLIA, a subsidiary of GCA Corporation in Japan, provides Venture Support services in Japan and the US.
• GCA FAS, a subsidiary of GCA Corporation in Japan, provides Due Diligence advisory services and M&A transaction services.
• MCo Corporation, a subsidiary of GCA Corporation in Japan, provides Mezzanine Financing in Japan.