PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

NorthEdge portfolio company Sumo Digital to open second studio in Nottingham

Sumo Digital has announced Nottingham as the location for its second UK and third global studio. Sumo, backed by private equity firm NorthEdge Capital, is a creator and developer of video game products and services, working on the world’s largest brands and franchises for leading publishers and platform holders across Europe, US and Japan.

Opening at the end of March 2016, Sumo’s second UK studio aims to employ 50 people in central Nottingham, joining a team of 280 people at the firm’s existing offices in Sheffield, UK and Pune, India.
 
CEO of Sumo Digital, Carl Cavers, says: “Opening the new Sumo studio proves how serious we are about extending our core capabilities to better serve our global client base and reflects our ambition to explore new opportunities for PC, console, mobile devices and virtual reality.”
 
COO of Sumo Digital, Paul Porter, adds: “With GameCity, the National Videogame Arcade, local universities and a number of proven developers, Nottingham has an established and growing game development community that we’re thrilled to join and contribute to.” 
 
NorthEdge Capital, a private equity firm focused on investing in businesses in the North of England, backed Sumo Digital’s management team to complete an MBO from Foundation 9 Entertainment in November 2014. 
 
Phil Frame, Investment Manager at NorthEdge, says: “The gaming industry is among the fastest growing in the UK, and is worth tens of millions of pounds to the regional economy. Having experienced enormous success in Yorkshire, the opening of Sumo’s Nottingham office will enable it to expand further and continue its fantastic growth.
 
“The business has a number of exciting projects in the pipeline, and we look forward to continuing our work with Sumo as it cements its position as one of Europe’s leading game developers.”
 

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured

Blackstone Private Equity