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| 2007/06/14 16:59:01: Posted by DM | |
It was revealed today that Balderton Capital has purchased the Darling Family's shares in Codemasters, and has also secured 50 million GBP in financing. The Darlings founded Codemasters back in 1986, and this latest sale means that the founding family is no longer a stockholder in the company. Having now acquired the entire interest of founding shareholders Jim, David and Richard Darling, plus that of management and other investors, Balderton owns 100 per cent of Codemasters' equity. What the future will hold is anyone's guess, but Codemasters is not likely going away any time soon.
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