AGC Partners Advises Green Patch on its Sale to Playdom
America’s Growth Capital is pleased to announce that its client, Green Patch, Inc., a Palo Alto, CA-based leading developer of gaming applications for social networks, has been sold to Playdom, Inc., a Mountain View, CA-based top online social game developer. Terms of the transaction were not disclosed. With this acquisition, Playdom will increase its monthly user base on Facebook by more than 30% and will benefit from Green Patch’s unique, eco-friendly brand name. America’s Growth Capital acted as sole financial advisor to Green Patch.
Green Patch is delighted to have worked with Mark Watt and the AGC team on our strategic sale to Playdom. As the social gaming sector continues to undergo rapid change, we looked to them for their expertise and knowledge in the space to effectively advise us. AGC worked around the clock to lead a highly efficient and competitive process, always as an insider and trusted advisor to the Company rather than just a hired broker. By leveraging Mark’s close relationships in the gaming space, we were able to engage in dialogues with the key decision makers and bring the process to a highly favorable resolution in a timely fashion. I look forward to working with the AGC team in the future!