Investor Presentaiton
Oaktree Capital Management, LP ("Oaktree")
Media and Games
Invest
Strategic new minority anchor investor enables the Kingslsle acquisition holding now -9% of MGI
Oaktree
■
US Investment firm HQ in Los Angeles
USD 140bn under management as of 30 September 2020
MGI investment was made from the € 1 billion European PE Fund
Long-term Investment horizon of 3-5 years
OAKTREE
Strong track record of public market transactions building multi-billion
listed companies
Transaction rationales
☐
Able to conclude the capital increase within a short period of time because
of their high degree of familiarity with MGI, enabled acquisition of Kingslsle
MGI has a strong M&A track record and can focus with Oaktree on more
midsized targets like Kingslsle
Aim of Oaktree is to support MGI in developing into one of the leading
European Games and Digital Advertising players
Decreasing the valuation gap to listed gaming peers over time
Capital Increase
Proceeds of EUR 25m to finance part of the Kingslsle transaction
11,676,241 new shares which will be listed on Nasdaq FN Premier
" Amount of MGI shares will increase to 128,749,748 shares
☐
Agreed on a lock up of 6-months with an investment horizon of 3-5 years
☐
Market Cap Increases to +350mn EUR (+3.6bn SEK)
"We are excited to partner with MGI.
MGI's diversified model reduces the
dependence on individual games. Its
ability to acquire successful games,
integrate and upgrade them over
time will lead to attractive, more
stable long-term income. MGI's
track record and growing scale will
allow it to focus on more midsized
companies which should accelerate
growth. The recent investment in the
various media assets has begun to
show attractive margin and revenue
expansions, which we believe should
continue over time. Having the
media competence in-house has
become a decisive asset to grow
revenue at comparably lower cost."
Hermann T. Dambach
Managing Director
Oaktree Capital
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