CRP Companhia de Participações Invests in Game Developer Aquiris (Latin America)

Source: Valor Econômico  |  Author(s): Sérgio Ruck Bueno

Private equity firm CRP Companhia de Participações has acquired a 25 percent stake in Brazil-based online game developer Aquiris. The capital injection will cover part of a BRL10 billion (approximately US$4.5 million) three year investment program, during which the company intends to increase its annual sales and launch seven new games. Financial details of the transaction were not disclosed.