Games development firm announces IPO
Games development firm Team17 has this morning announced its intention to float on the London Stock Exchange, with an expected valuation of between £200m and £230m.
Wakefield-headquartered Team17's core area of premium personal computer and console market was valued at a combined $49bn in 2017 and is projected to grow to $59bn in 2021.
Team17's revenues for the year 31 December 2017 increased to £29.6m (2016: £13.5m) and adjusted EBITDA increased to £12.9m (2016: £6.1m).
Its portfolio comprises over 90 games, including ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
