NEW YORK - May 13, 2010
Shortly after announcing its 2000th release, GamersGate, a leading digital distribution platform, was recognized at the GP Bullhound Media Momentum Awards as one of the 50 fastest growing digital media companies in Europe at their invitation-only awards ceremony held May 12, 2010 in London.
A panel of 17 judges including high-ranking executives from Google and Playfish determined this year’s winners. In order to be nominated, digital media companies must meet certain criteria requiring at least revenue of EUR 1.5m in the last financial year. Companies are then ranked by their annual revenue growth rate between the three most recent financial years. Now in its sixth year, the awards are organized by the specialist media and technology investment bank, GP Bullhound. Schroders Private Banking, Acton Capital Partners and law firm Kemp Little are premium sponsors of the awards, with Grant Thornton as award sponsor.
GamersGate’s CEO, Theodore Bergquist, upon receiving notification of the award, noted“GamersGate could not be more honored to receive this outstanding achievement. We have doubled our inventory in the past year and anticipate continued rapid growth. This award is a strong reflection of our rapid growth and commitment to our customers.”
GamersGate is a leading digital distribution platform creating easily accessible gaming experiences for gamers worldwide– anytime, anywhere. Viewed as a strong contender in the digital download arena, GamersGate continues to redefine the download industry and future strategies including the launch of several accompanying services and comprehensive tools, in addition to an aggressively growing product portfolio with over 2,000 games from a wide range of internationally recognized publishers. For more information, check out the GamersGate website at http://www.gamersgate.com.
About GP Bullhound
With offices in London and San Francisco, GP Bullhound is a leading investment banking firm providing advice on mergers&acquisitions and institutional capital-raising to emerging growth companies in the Technology sector. The firm was established in 1999, and has completed over 90 M&A and Private Placement transactions since its founding. Comprised of some of the most experienced technology advisory professionals, our long track record and dedicated approach has helped us establish a leading global position. We have strong domain expertise in the areas of Internet and Digital Media, Software and Services, and CleanTech and Hardware, where we focus on providing preeminent advisory services to some of the best entrepreneurs, management teams and investors around the globe.
Joe Ziemer, TriplePoint, for GamersGate