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Carlsquare advised the shareholders of INTENIUM on the sale to gamigo

30 Sep 2014

gamigo AG, one of the leading publishers and distributors of multiplayer online games, grows significantly and further increases its profitability with the acquisition of INTENIUM GmbH, also based in Hamburg. With the acquisition, gamigo considerably reinforces its position in the mobile-, online-sectors and in the platform-offerings as well. With immediate effect, gamigo acquires 100% of the shares of INTENIUM from the founders and the venture capital firm Neuhaus Partners.

INTENIUM has its focus on women in Europe and successfully serves its clients with mobile- and cross-platform-games. In 2015 already, it is expected that INTENIUM will deliver a revenue contribution of more than EUR 4 million to gamigo and further ad a positive EBITDA totaling to approx. EUR 1 million. The INTENIUM GmbH has 60 employees and provides platforms for multiplayers worldwide, online and downloadable games such as GERMANY PLAYS.  INTENIUM has numerous renowned partners such as Base/E-Plus, image and RTL.

From a strategic point of view, gamigo and INTENIUM complement each other ideally. gamigo, on the one hand, is well positioned in the promotion of its products and has its own affiliate network. INTENIUM will benefit from this. On the other hand, gamigo is going to strengthen the prosperous traffic-portals based on its portal DEUTSCHLAND SPIELT.

Theodor Niehues, Co-CEO of gamigo AG, comments: “With the acquisition of INTENIUM we continue our growth strategy.  In particular, we strengthen promising mobile and online segments by INTENIUM severely and hence increase revenue and profitability.”

Carlsquare advised the shareholders of INTENIUM in the process of this transaction.


INTENIUM GmbH is one of the most successful publishers of casual games specifically for the women in Europe. Founded in 2000 and headquartered in Hamburg, INTENIUM operates worldwide platforms for multiplayers, online and downloadable games and has numerous own IPs, including GERMANY PLAYS!, the casual multiplayer games Alamandi and Bonga Online and the recently launched cross-platform game “Rats Online”. Through local presence or lasting partnerships, INTENIUM has expanded its international operations in Europe, North America and Asia constantly. Furthermore, INTENIUM has its own, highly qualified development studio in Kaliningrad.

About gamigo AG

Gamigo AG, founded in 2000, is a leading publisher and distributor of free-to-play Massively Multiplayer Online Games (MMOGs) focused on Europe and North America. Around 90 employees in Hamburg, Berlin, San Francisco and Seoul take care of marketing, customer relations, technology, support, game optimization and community management of the comprehensive portfolio. With multiplayer online role-playing games such as “Fiesta Online” and “Last Chaos” gamigo occupies successfully games with a loyal customer base. In parallel, the portfolio is optimized with new titles, such as: “Asterix & Friends”, “Anno Online” and “Vicky Online”, continuously.

About Carlsquare

Carlsquare and the international M&A network Globalscope offer integrated cross-border M&A consulting services for medium-sized transactions. Carlsquare – a partner led corporate finance firm – advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. Carlsquare is managed by three partners and is based in Hamburg and Munich with 16 employees. Globalscope has 32 members in 27 countries with more than 300 professionals worldwide.


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