JAGEX, the owner and developer of the iconic RuneScape online gaming franchise, was placed at the heart of a new public Chinese gaming company, Zhongji Holding. Zhongji Holding is part of Shanghai Zhongji Enterprise Group, a highly respected and well-established Chinese company, and its acquisition of JAGEX represents its first foray into the gaming sector. Corum represented JAGEX during the M&A process. Zhongji Holding is committing significant resources to its investment in the global games sector and further acquisition activity is anticipated as the Company increases its presence in the space.
Obviously, selling your business is one of the most important events in your life, and the worry of doing the right or wrong thing at the right or wrong time is very tough on your own. The Corum advisers were on call to keep us on track, on message, and advising us when to say yes and when to say no so that we could get the best win/win deal possible.
Summit Software, Inc.