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emote games ltd - Investment: £4 million - Type: Expansion Capital - Completed: March 2007 - Sector: Media (Video Games Production) - Website: http://www.emotegames.co.uk [Investment]

Established in May 2006, Emote Games is a specialist cross platform publisher of interactive content for the video games industry.
The business develops, publishes and digitally distributes interactive entertainment across multiple platforms to multiple devices.
Emote Games is engaged with a number of major publishers including Sony Computer Entertainment, Sega, Avalanche and Deadline in developing multi-platform products and services and defining mobile and digital distribution strategies.

Electra Quoted committed £4m of equity capital to support organic growth and acquisitions to develop multi platform services that enable major games publishers and other IP holders to add social-networking dimensions and mechanics to their brands.
Emote Games is managed by founders Morgan O'Rahilly and David Rose.
Morgan O'Rahilly, a winner of the Ernst and Young ‘Emerging Entrepreneur of the Year' award, was previously CEO of Ifone, one of the UK's most profitable and fastest growing mobile games publishers.
After starting his career at Sony Computer Entertainment, David Rose joined Eidos plc as European Development Director overseeing a development team of over 100 people and serving on both the Strategic Committee and the plc Operating Board.
O'Rahilly and Rose both have extensive experience in games publishing, having collectively published over 300 titles with average sales of more than 400,000 units.

Electra Quoted is a smaller companies investment specialist that looks to support proven management with highly developed growth strategies. With significant experience of the media and entertainment sector, Electra Quoted is the ideal partner for media companies looking for added value from their financial partner.

Electra Quoted Management specialises in providing £2 million to £5 million of equity finance for management buy-outs and development capital for UK companies in transactions with an enterprise value of up to £20 million.

For further information on this transaction, please contact: Antony Fraser, Electra Quoted Management Ltd, Paternoster House, 65 St Paul’s Churchyard, London, EC4M 8AB Tel: 020 7306 3924 afraser@electraquoted.com

Issued by Electra Quoted Management Limited. www.electraquoted.com.
Electra Quoted Management Ltd is authorised and regulated by the Financial Services Authority.

This note is for information only and is provided for Professional use only on a confidential basis. It is not an offer, invitation or recommendation to apply for shares in the VCT or the Company which is the subject of this note.