Following a year of significant revenue growth, the Aonic Group is once again gearing up for inorganic expansion. This growth will be fueled by a €152 million investment from Metric Capital Partners and Active Ownership.

Approximately €100 million of the funding comes from Metric Capital Partners, which is backing Aonic’s ambitious growth plans. The remaining €52 million is being contributed by majority owner Active Ownership, which will convert a shareholder loan into additional equity capital for Aonic.

Aonic plans to reveal more details about its future M&A (mergers and acquisitions) strategy in 2025. According to the company, Aonic achieved a 73 per cent increase in revenue across the entire group last year, despite experiencing the effects of market turbulence like many other companies in the games industry.

As Aonic is not a publicly traded company, it is not required to disclose precise financial figures. The Aonic Group comprises 12 companies, including Warren Spector’s studio Otherside, VR specialists nDreams, Megabit Publishing, and the German mobile tech companies Exmox and Gravite. The group also includes the Hamburg-based studio Tiny Roar.

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Written by

Stephan Steininger
Stephan Steininger
Stephan is Editor in Chief