Transaction Details

March 26, 2014
Zurich

Sector

Digital Media and Media

Deal Type

M&A

Deal Value

N/D

Deal Team

Alexander Grünwald, Thomas Egli, Mario Schlup, Michael Sonderegger

GCA Altium advises AFINUM on its sale of Caseking Group to Equistone; Deal underpins GCA Altium’s leading position in the European Internet and Technology space.

AFINUM has announced the sale of a majority stake in Caseking Group, the leading European online supplier of high-performance gaming and PC components, to Equistone Partners Europe Limited. GCA Altium acted as exclusive financial adviser to AFINUM; this transaction marks its 18th Technology and Internet deal in the last year.

Caseking was established in Berlin in 2003 by CEO Toni Sonn and CFO Kay Kostadinov. In 2010, AFINUM acquired a majority stake in Caseking. In 2012, Caseking acquired Overclockers UK, a leading online distributor of PC components, based in the UK. Today, Caseking and Overclockers are leading suppliers of high-performance gaming and PC components to the gaming community and PC enthusiasts.

Employing around 90 people in Germany and around 60 in the UK Overclockers business, Caseking also operates across a number of European markets including France, the Netherlands and Poland and, outside of Europe, in Taiwan.

Equistone’s investment will support Caseking’s growth, including through expansion into new geographies and further development of its product portfolio to reinforce its leading position in the markets in which it already operates.

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