Ruffena Capital advises established media publishing company to secure £4.5m term loan for expansion.
Our client is an established games titles producer for content based upon characters from global media film and music brands since 2010. Games are sold worldwide through large recognised distributors. Following an MBO, Ruffena advised the client and introduced the investor to help part fund the development of eight new games titles.
Investment was secured through private investment in two tranches, in the form of term loan notes and conventional equity, which qualified under EIS.
ABOUT RUFFENA CAPITAL
Established in 2013, Ruffena Capital has evolved to become a boutique private equity advisory business with its own investment platform - focused on raising true growth capital or alternative finance, typically in the £2-10m range for its clients. Ruffena’s investors are largely a private audience of experienced UK and international investors, funds, family offices and certain wealth managers, who prefer established, highly tangible opportunities that can demonstrate the ability to scale and generate returns. Ruffena secured or advised upon over £42m going into client projects over the 2016-17 financial year. In the current year this has risen significantly and Ruffena has also had two clients IPO and one full exit in 2017-18. Ruffena does take on some earlier stage projects, however they must emphatically demonstrate thorough planning; tangible commercial potential; and a workable investment proposition.