Mike Stubbs . Business . Tuesday 7th February 2017 . 11:38
Custom controller manufacturer Scuf Gaming has received investment from H.I.G. Growth Partners.
Scuf is known for making controllers that feature paddles on the back to make certain actions easier. These controllers have become the standard in many console based eSports, such as Call of Duty, with almost every pro player using one.
This kind of success has not gone unnoticed, so to get in on the action H.I.G. Growth Partners, the dedicated growth capital investment affiliate of H.I.G. Capital, has decided to throw some cash in Scuf’s direction (as an investment, not for a controller or two).
John Kim, a Managing Director with H.I.G. Growth Partners, commented, “SCUF is the market leader in advanced feature gaming controllers with an unmatched intellectual property portfolio. We are excited to partner with Duncan and the entire SCUF team to continue the Company’s strong, profitable growth trajectory, further develop the SCUF brand, and introduce SCUF’s products to an even greater audience of consumers.”
Founder and CEO, Duncan Ironmonger said, “We are very excited about this partnership with H.I.G. and the shared vision we have for the next stage of SCUF’s growth. H.I.G.’s investment will provide us the capital and strategic resources necessary to continue to grow our distribution presence, product assortment and the SCUF brand.”