GamesBeat

Licensed-games publisher Little Orbit lands investment from private equity group

An investment group is investing in publisher Little Orbit as the studio prepares a pair of licensed-based video games for release.

Little Orbit’s strategy directly involves finding hot properties to build video games for. Matthew Scott, the company’s chief executive officer, hired his management team to focus on that goal. It’s one thing that drew the interest of the Metrix Capital Group.

“Matt is a true visionary in this space. His model for creating, publishing, and de-risking game development is unprecedented and easily scalable,” Metrix Capital Group managing director Jeff Brannon said. “We look forward to seeing Matt ring the opening bell on Wall Street within the next couple of year.”

Little Orbit is preparing to release Montser High: Skultimate Roller Maze, based on toy manufacturer Mattel’s lineup of fashionable monster dolls, Nov. 13 for Wii and Nintendo DS. It’s an action game where players control skating monsters in an obstacle course. It’s a property primarily targeted at young girls.

The other game Little Orbit is working on Young Justice: Legacy, which is a multiplayer role-playing game based on DC comics’ Young Justice animated show. It’s set for an early 2013 release on PlayStation 3, Xbox 360, Nintendo DS, and PC.

Metrix is a private equity firm based in Orange County, Calif. Along with its capital investment, it will offer financial expertise to Little Orbit.


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