Global Top Round (GTR), a subsidiary of GXC, has today announced the launch of its newest mergers and acquisitions (M&A) branch aimed at handling deals between $10M to $250M. GTR’s newest department will focus primarily on three areas of business: 100% equity sales, acquisitions, and fundraising.
To lead the department, GTR has hired Jacques Benchetrit as the company’s Head of M&A. Prior to joining Global Top Round, he served as M&A Manager for Zordix, where he was responsible for sourcing and executing M&A transactions for the firm. During this time, Jacques saw the need for advisory services in the video games industry that focused on smaller deal sizes, which is why he decided to join Global Top Round.
The M&A department will handle:
- Exits — Assisting gaming companies who are looking to sell 100% of the company
- Fundraising — Working with entrepreneurs on raising equity, debt, or a mix of both
- Acquisition — Advising on the acquisition of gaming companies
“At our core, we are bankers who game. We appreciate gaming as an art form and want to protect industry artists and entrepreneurs from signing bad deals,” said Jacques. “We’re going to change the way deals are done in gaming, ensure both sellers and buyers achieve their goals, and help push the industry forward.”
GTR continues to evolve and expand its business with new avenues of business operations. Earlier this year, GTR announced the launch of its Seed Program, a year long program focused on investing in early stage startups with investments between $150,000 – $300,000.
The program will allow GTR studios to pitch themselves and kick-off with a three month work plan together before any deal is made. Similar to its accelerator program, GTR will work with each partner to maximize self-publishing, publisher, or venture capital plans.