August 15, 2016

European Games Group raises to boost its portfolio

European Games Group raises to boost its portfolio

Munich, 15th August 2016, marketing company European Games Group has received an undisclosed amount of additional capital to grow its operations.  Munich based games-marketer European Games Group (EGG) raised fresh capital. The two international investors Ventech and Omnes Capital increased their investment following positive business performance within the mid-two digit million range, strengthening the equity basis. The European Games Group is now capable of investing more than 15 Million Euros to market new games until the end of 2017. The company is currently searching for further national and international developers with promising online- and mobile-games, in order to add them to their portfolio and market them globally. As such, European Games Group is adhering to its “partner instead of publisher” company principle.

About European Games Group AG

The European Games Group is headquartered in Munich and specialized in worldwide marketing of Free2Play-online and mobile-games. As an external marketing partner for developing agencies the company collaborates with independent international developers and market their games globally to reach a wide audience. Their current portfolio includes the successful cross-platform browser-game Hero Zero (Playata), the cross-platform mobile-games Tasty Tale and Fancy Tale (Sublinet) as well as the cross platform browser-game Big Bang Empire (Playata). Further titles are currently tested. The European Games Group AG was established in 2010 and currently employs 35 employees.

“Our strong growth and the results of the last 18 months have proven our business model, and have convinced our investors to up their commitment” – said Johannes Sevket Gözalan, founder and CEO of the European Games Group – “With the additional capital, we can expand our portfolio significantly and support developers worldwide in successfully positioning, marketing and scaling their online and mobile games in a highly competitive market environment.”

The EGG chooses to partner with developers over publishing them, acting more as an outsourced marketing team, and is currently looking for new mobile free-to-play games to partner with.

Source: Pocketgamer, Ventech