[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource Games Press.]
Phoenix Equity Partners ("Phoenix") today announces an investment in Universally Speaking (the “Company”), a leading end-to-end service provider for the global video gaming industry. Phoenix has invested alongside Founder and CEO, Vickie Peggs, who has made a substantial reinvestment in the Company as part of the transaction. Phoenix will work closely with Vickie and her team to support the Company’s continued growth amid the rapid expansion of the video gaming industry.
Universally Speaking provides its clients with quality assurance, playtesting, audio and localisation services, using cutting-edge technology and automated workflow systems to ensure a secure, seamless service. The Company is trusted by many of the world’s leading games publishers, including 2K, Remedy, 505 Games and many more and has supported such globally acclaimed games as Borderlands 3, Mafia and Control.
In recent years Universally Speaking has seen rapid growth that brought about an impressive expansion of its studio portfolio. Phoenix’s investment will support and drive the Company’s ambitious plans for continued growth, including through the development of new services and international expansion.
Vickie Peggs, Founder and CEO of Universally Speaking, said: “I am immensely proud of what we have achieved with Universally Speaking and now, with the support of Phoenix, we can look forward to doing even more. Phoenix has huge experience in partnering with entrepreneurial businesses such as ours and I’m looking forward to working with the team as we take Universally Speaking through its next stage of development.”
Mark Sargeant, Partner at Phoenix Equity Partners, said: “Universally Speaking is a fast-growing and innovative company serving a first-class customer base in a thriving industry. We are delighted that Vickie has entrusted us to partner with her to grow a business she has built from scratch and we look forward to embarking on this journey together.”
Financial terms are not being disclosed.