Dechert Advises Metric Capital Partners on €100 Million Investment in Aonic

Dechert advised Metric Capital Partners, a leading pan-European private capital investor headquartered in London, on its €100 million investment in Aonic, a fast-growing video gaming and technology group. The investment supports Aonic’s ambitions to drive further expansion and innovation within the European gaming sector.

Founded in 2021, Aonic has quickly grown to include 12 businesses which operate across Europe and North America, generating €151 million in LTM revenue as of Q3 2024. This transaction represents one of the largest growth capital investments in the European video gaming industry to date.  

The Dechert team that advised Metric Capital Partners included capital markets partner Mark Evans; associates Richard Murdoch, James Hutchens, Melissa Ayeltigah and Victor Chatelais; antitrust partner Michael Okkonen; associate Thirith von Doehren; intellectual property partner Paul Kavanagh; intellectual property counsel Nathan Smith; associate Anita Hodea; corporate partner Giovanni Russo; and associates Philipp Schofer, Yasmin Yavari and Jennifer Hill.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 19 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.