Big Potato eyeing growth with £16.2 million backing
A party games firm aims to take international growth plans to new levels after securing £16.2 million minority investment.
Big Potato Games has been backed by Mobeus.
Bosses say the support will help London-based Big Potato launch new titles, grow globally and invest in digital products.
Founded in 2014, the firm’s portfolio includes titles such as quickfire question game Herd Mentality and flip and stick game Chicken vs Hotdog, which are sold in more than 40 countries.
Dean Tempest, co-chief executive, said: “We have grown rapidly while retaining our unique culture and identity.
“We are excited to continue that journey with Mobeus, and look forward to bringing more of our products to more people while staying a majority management-owned business.”
Under the terms of the deal, Dominic Draysey, Mobeus investment director – who led the transaction alongside Jordan Kay, Harry Pampiglione and Chris Price – will join the Big Potato board alongside Mobeus partner Justin Maltz.
He added: “Big Potato is a purpose-led business, with a clear mission to help people build connections.
“We have been impressed with the team’s dedication to that mission, and are similarly impressed with their commitment to innovation.
“We see the combination of purpose and innovation as a winning formula for gaining market share.”
Mobeus was supported on the deal by Gowling WLG, AD Little, PwC, Grant Thornton, More2, Confidas and DC Advisory.
Big Potato received advice from SI Global and Osborne Clarke.
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