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August 13, 2007
PE Firm Buys 3rd Mobile Entertainment Startup In Russia
Moscow-based private equity firm Marshall Capital Partners has bought a controlling stake in Russian mobile content provider Nikita Mobile. The press release does not disclose the amount paid but experts cited in Russian daily Vedomosti estimate Nikita Mobile is worth between $10M - $40M. Marshall is working a regional roll-up having previously bought Solvo and Jump, which operates in Russia and the Ukraine.
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Posted on August 13, 2007 08:47 PM | Posted to Games (PC and other) | Permalink
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