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Global Top Round, a game financial services division of GXC, has launched its M&A department to focus on video game deals.
GTR‘s newest mergers and acquisitions (M&A) branch is aimed at handling deals between $10 million to $250 million, which is actually on the small side for today’s game industry.
GTR’s newest department will focus primarily on three areas of business: 100% equity sales, acquisitions, and fundraising.
To lead the department, GTR has hired Jacques Benchetrit as the company’s head of M&A. Prior to joining Global Top Round, he served as M&A manager for Zordix, where he was responsible for sourcing and executing M&A transactions for the firm.
During this time, Benchetrit saw the need for advisory services in the video games industry that focused on smaller deal sizes, which is why he decided to join Global Top Round.
The M&A department will handle:
Exits — Assisting gaming companies who are looking to sell 100% of the companyFundraising — Working with entrepreneurs on raising equity, debt, or a mix of bothAcquisition — Advising on the acquisition of gaming companies“At our core, we are bankers who game. We appreciate gaming as an art form and want to protect industry artists and entrepreneurs from signing bad deals,” said Benchetrit, in a statement. “We’re going to change the way deals are done in gaming, ensure both sellers and buyers achieve their goals, and help push the industry forward.”
GTR continues to evolve and expand its business with new avenues of busines …