Online Gaming

One of the leading international developers and publishers of browser and mobile games.


MTG works with developers, publishers and gaming communities to create and publish browser and mobile games with players at their centre.

MTG is continuously innovating and strengthening its position as a first party game developer across multiple platforms, including browser, mobile and tablet apps, Steam and Xbox.


Founded in 2007, InnoGames has grown to be one of Europe’s most influential developer and publisher of mobile and online games. The company, based in Hamburg, is best known for Forge of Empires, Elvenar and Tribal Wars. InnoGames’ complete portfolio encompasses seven live games and several mobile titles in production. The hit games from Innogames has created passionate engagement in many communities and many languages around the globe.

nnoGames passed several strategic milestones during 2020. One of them was surpassing 1 billion EUR lifetime revenue from its blockbuster title Forge of Empires. This title is still the company’s most valuable – but the pipeline of new games show that InnoGames has more in store for the coming years.

Want to know more about InnoGames, head over to


Kongregate is a leading US-based developer and publisher of games for a broad range of platforms like browser, mobile, PC and console. The company produces titles loved by gamers around the world. Genres includes strategy, action, adventure and sports. Kongregate is an San Francisco-based, leading developer and publisher of free-to-play mobile games. The company was founded in 2006 and saw its first investment from MTG in 2017.

With over 250 million downloads and billions of gameplays worldwide, Kongregate supports an active and engaged community of passionate gamers. The company is focused on creating new games by internal and external development studios and by working with top names in the industry. AdVenture Capitaist, Animation Throwdown, The Trail – these are just some of the widely known international hits from Kongregate.

More recently, Kongregate has also expanded its successful model of buying and building smaller and independent original games in order to make them reach their full potential. The proven strategy is to support the developers to scale and commercialize promising titles, for more gamers to love. Moreover, Kongregate has established itself further in the so-called idle category of easy to use-mobile games, and has also landed several key deals with prominent original games in 2020.

2020 saw the successful launch of the new title “Teenage Mutant Ninja Turtles: Mutand Madness” which was well received by gamers and critics alike, and in September the company announced an agreement through which it resumes development responsibilities for three titles from Disney: Maleficent Free Fall, a match-3 puzzle game, Inside Out: Thought Bubbles, a bubble-based game in the Puzzle Bobble style and the physics-based puzzler Where’s My Water? 2.

Find out more about how Kongregate is shaping the future of mobile gaming at

Hutch Games Ltd.

Founded in 2011, Hutch is a London-based leading free-to-play games developer and publisher of mobile racing games in the attractive midcore category, and holds a diversified game portfolio and world-class IP licenses.

To listen to the webcasted conference call from Dec 9th 09.00 CET with MTG’s executive management please see this link.

When it was acquired by MTG announced December 8, it became the third material standalone investment in a gaming company made by the company, and the first made through MTG’s new GamingCo.

Hutch was founded out of the shared frustration the founders had, from working in big game development factories. That is what brought them together with the intent to create a better studio.

The company’s top three titles are F1® Manager, Top Drives, and Rebel Racing, all in early growth phase with large future growth potential. Additionally Hutch holds a diversified game portfolio of a total of 13 games and world-class IP licenses with some of the biggest names in the business, including Formula 1, McLaren, Mercedes, BMW, Ford and General Motors. The company’s game portfolio has generated more than 300 million downloads since inception.

Hutch has a very strong management team and is made up by a staff of 100+ team members, of whom 70 are developers. It generated approximately USD 56.3 million in revenues, USD 14.0 million in EBITDA and 13.3 million in EBIT, during the first nine months 2020
The company will become an integral part of the recently announced GamingCo in order for MTG to fully capture the synergies from shared expertise and studio network effects

For more information on Hutch, please visit

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