23.12.2024

Aonic obtains more than €150 million in financing

Image credit: OtherSide Entertainment

Aonic has secured an investment of €152 million through a deal with Metric Capital Partners and Active Ownership. Metric Capital Partners contributed €100 million, while Active Ownership converted its shareholder loan of €52 million to complete the investment.

The capital is earmarked for bolstering Aonic's subsidiaries, including nDreams, OtherSide Entertainment, and Exmox, as well as financing potential future acquisitions.

This year, Aonic has also announced a new publishing division, Megabit, aimed at enhancing its portfolio of development studios. As part of restructuring, its subsidiary nDreams implemented a workforce reduction of 17.5% in September, citing a shift in strategic direction.

gamesindustry.biz
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