GP Bullhound Fund IV portfolio company update
Unity “upping its game” with NYSE IPO.
18 September 2020 - Unity was listed on the NYSE today under the symbol “U”. GP Bullhound, investor through Fund IV, congratulates the management and founding team for this remarkable achievement.

Based in San Francisco, Unity is the world’s leading gaming and real time 3D development platform. Its engine powers more than 50% of all games across mobile, console and PC, with approximately three billion Unity developed apps downloaded each month.

GP Bullhound Fund IV invested in Unity in 2018 and has been an active shareholder ever since, leveraging the global network, advisory services and sector expertise of the wider organization. The firm has helped Unity identify bolt-on M&A opportunities and raise its profile through a number of research reports and events.

The relationship with the founders and management team was built over many years. As part of a thematic-driven thesis, the fund identified Unity as a category winner in the $100 billion+ gaming market. With millions of developers using Unity’s engine daily, the company’s positioning is unique and of high strategic value.

Per Roman, Co-Founder and Managing Partner at GP Bullhound, commented: “Unity is one of those extremely rare assets, powering mobile game development and beyond for decades to come. I would like to congratulate John Riccitiello, David Helgason and the rest of the team for this successful milestone. We are proud to be shareholders in this exceptional business”.

Enquiries
For any enquiries, please contact
Per Roman, Managing Partner & Co-founder, at per@gpbullhound.com
Alec Dafferner, Partner, at alec.dafferener@gpbullhound.com
Alon Kuperman, Executive Director, at alon.kuperman@gpbullhound.com

About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com.

Sector
Digital Media
Region
USA