NanoCap Group AB's portfolio company, M.O.B.A Network, has acquired Wargraphs S.A.S., known for its successful application Porofessor.gg, positioning itself for future growth in the competitive gaming industry.
Target Overview
NanoCap Group AB proudly announces the acquisition of Wargraphs S.A.S. by its portfolio company, M.O.B.A Network. Wargraphs is recognized for its flagship application, Porofessor.gg, which has recently surpassed 10 million downloads, indicating strong market penetration and user engagement. This acquisition has garnered attention from reputable media outlets, including TechCrunch and VentureBeat, pointing to the growing significance of M.O.B.A Network in the competitive gaming industry.
The acquisition strategically positions M.O.B.A Network in the rapidly expanding digital gaming landscape, leveraging Wargraphs' innovative technology and user base to further enhance its service offerings.
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Industry Overview in Sweden
Sweden boasts a robust gaming industry, characterized by rapid growth and innovation. Home to numerous successful gaming companies, Sweden is recognized as a global hub for game development an
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M.O.B.A Network
invested in
Wargraphs S.A.S
in 2023
in a Buy & Build / Roll-Up deal
Disclosed details
Transaction Size: $54M