Background
• In2Games is a pioneering video games company with a revolutionary new motion sensing technology for the development of interactive games
• With the huge success of Nintendo’s Wii console the Company’s Gametrak Fusion system, providing superior motion sensing functionality, has the potential to transform Sony and Microsoft’s next generation consoles
• Close Brothers Corporate Finance identified In2Games as a huge opportunity for the global video games market and agreed to work with the company to help provide access to the major companies in the industry as well as to investigate ways to maximise long term value for the Company
Process & Outcome
• Close Brothers Corporate Finance assisted In2Games in the preparation of its business plan and marketing materials and advised the Company on its positioning to both strategic partners and potential investors. This resulted in the creation of a number of strong industry relationships and the investment by IMAC
• The investment of £7.8m will enable In2Games to launch and support the Company’s Gametrak Fusion system worldwide and help achieve the Company’s strategy to make Gametrak Fusion the must have videogame product for the next generation of gaming systems
For more information regarding the transaction, please contact Richard Madden or Guy Ballantine on +44 (0) 20 7655 3100.