TA, Summit Put $350M Into Bigpoint

4/27/11

Germany-based Bigpoint, an online gaming company with a developer team in San Francisco, said that it secured $350 million in a recapitalization financing from TA Associates and Summit Partners, growth equity firms with offices in Boston and Silicon Valley. The deal gives TA and Summit a controlling share of Bigpoint together, with previous shareholder Comcast Interactive Capital’s Peacock Equity Fund selling its holdings and GMT Communications Partners and GE selling a majority of their Bigpoint stake. Bigpoint, which makes the games Battlestar Galactica Online, Farmerama and DarkOrbit, will put the new money toward international expansion

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