Deals
TA Associates, Summit Agree to Buy Bigpoint on Gaming Boom
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TA Associates Inc. and Summit Partners LP agreed to buy a majority stake in Bigpoint GmbH, Europe’s second-largest online games company, betting on booming demand for games such as “Seafight” and “DarkOrbit.”
The two Boston-based private-equity firms agreed to pay GMT Communications Partners and Comcast Corp.’s NBC Peacock Fund $350 million for a “slight majority” in Bigpoint, said Jonathan Meeks, a TA Associates managing director in London.