Core Insights - NODWIN Gaming is initiating a pre-IPO fundraising round to support global expansion through both organic growth and strategic acquisitions, while also providing liquidity to existing shareholders through a secondary share sale [1][7] Financial Performance - The company has reported a return to EBITDA profitability and achieved a 42% year-on-year revenue growth, reaching $58.5 million in revenue during the first nine months of FY2026 [7] Leadership and Strategic Appointments - Arnd Benninghoff has been appointed to the board of directors, bringing over a decade of experience in the global gaming and media sectors, which is expected to aid in scaling the company's intellectual properties and global expansion [5][6] - NODWIN has appointed UBS as the lead advisor for the pre-IPO fundraising round and the eventual public listing [6] Expansion Activities - The company is expanding its international footprint through acquisitions and partnerships, including the recent acquisition of StarLadder, known for producing major esports events [7] - NODWIN is also a strategic marketing partner for the Evolution Championship Series (EVO) and manages significant gaming and youth culture properties such as DreamHack India and Comic Con India [7]
NODWIN Gaming appoints MTG’s Arnd Benninghoff as board member, begins pre-IPO fundraising
The Economic Times·2026-03-16 06:10