Home / Uncategorized / MTG appoints Daniel Frechen as the new Head of M&A and Strategy | Pocket Gamer.biz

MTG appoints Daniel Frechen as the new Head of M&A and Strategy | Pocket Gamer.biz

The Modern Times Group (MTG) has announced the appointment of Daniel Frechen as the new Head of M&A and Strategy.

Frechen will be responsible for overseeing MTG’s M&A activities as the company continues to strengthen and diversify its portfolio and unite entrepreneurs under one roof through its unique “Swedish Family Model”.

“I couldn’t be happier to join the MTG team. I believe MTG is ideally positioned to shape the future of mobile gaming and esports and I admire how the group has evolved, innovated and refined over the years, ”said Frechen.

“Gaming and esports are emerging, maturing and exciting industries, and I look forward to helping shape the future of these sectors as part of the MTG team.”

Build more and grow

Following this year’s acquisitions of Hutch, Ninja Kiwi and PlaySimple, this appointment marks another open step in MTG’s buy-and-build growth strategy.

Ninja Kiwi is the New Zealand studio behind the hugely successful Bloons series; PlaySimple is a very successful word game developer and publisher from India; Hutch is a leading UK developer and publisher of mobile racing games.

MTG also has ESL Gaming, Kongregate and InnoGames in its portfolio and operates a VC fund.

“Daniel has a strong track record in M&A implementation and strategy and brings a wealth of experience and expertise that will be a real asset to the group,” commented Arnd Benninghof, EVP Esports & Gaming at MTG.

“As we continue our ambitious build-and-buy growth strategy and seek to attract the world’s best and brightest entrepreneurs in gaming and esports, he will play a significant role in the future of MTG.”

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