Munich, Aug 21, 2023. Remote Control Productions GmbH (rcp) and AUCTUS Capital Partners AG are proud to announce their collaboration to jointly build one of Europe’s leading gaming groups, Prestiged.
The group will combine the games industry knowledge and expertise of rcp with the financial acumen and market insight of AUCTUS to create a modern games industry powerhouse. Prestiged will provide efficient management of overheads, admin and tertiary services to its component members, whilst leveraging connections in the worlds of finance and gaming to empower studios in their creation of compelling and successful titles.
Please note, that this is not a takeover. Both companies will continue to operate independently outside of the Prestiged gaming group.
The group will be focused primarily on Europe, but will also be casting its nets further afield for the right teams. The goal is to create a group of established gaming companies with creative independence, increased market power, tailored synergies and a focus on long-term, sustainable growth.
Prestiged will begin searching for candidates immediately and will be active at Gamescom in Cologne next week. For all enquiries, or to book an appointment with the founders at the show, please contact Hendrik Lesser at https://www.prestiged.info/#contact.
“We have been looking at the gaming market for some time now, which only recently reverted back to more reasonable valuations,” said AUCTUS’ Florian Aichinger.
“Entering more complex markets, however, should never be a pure consolidation play, which is exactly why we teamed up with Hendrik and rcp. In the way AUCTUS is best in class when it comes to doing deals, Hendrik is best in class in understanding the specifics of the industry including the many great minds of the community out there. Speaking the same language is key.
“Regarding the industry, we strongly believe that team players will be more successful in the long run, even compared to the best single players, however without forcing them into slow multinational structures. That’s why we aim to build a leading European group fitting the needs of mid-sized gaming companies, with best in class content and a shared vision and passion.”
Hendrik Lesser, CEO of rcp, added: “Gaming is a complex and sometimes volatile business, for studios, staff and investors alike. However, we believe that with the proper combination of our industry insight and AUCTUS’ financial savvy, we can create a genuinely fresh collaborative gaming group which will bring stability, profitability and creative freedom to its members. We’re stronger together – and we look forward to growing that strength with our new partners.”
Further information on the group can be found at its website:https://www.prestiged.info