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.
We are happy. Based on their proven methodology, many years of experience, first class contacts and - last not least - their dedicated and highly professional representative, Corum identified the right partner for IQProducts and helped us in many ways to close the deal. Without Corum, I am convinced; we would never have sold our company at the valuation we finally achieved.