TA Associates and Summit Partners will acquire a majority stake in European online gaming company, Bigpoint, Bloomberg reports. The Boston-based private equity firms will pay around $350 million to the NBC Peacock Fund for the acquisition. Current owners of Bigpoint, GMT Communications Partners and Comcast’s NBC Peacock Fund bought 70% of Bigpoint in 2008 for $102 million. Bigpoint was advised by Montgomery & Company, while Noah Advisors worked for Summit and TA on the transaction, adds Financial Times.
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