Unity announced a $525 million secondary transaction to buy up stock from common shareholders.

Unity Technologies, the Danish gaming company based in San Francisco, USA and operating one of the industry’s biggest development platforms, announced that it secured additional investment of $150M.

The fundng was closed in May 2019 and was supported by D1 Capital Partners, Canada Pension Plan Investment Board (CPPIB), Light Street Capital, Sequoia Capital, and Silver Lake Partners.

Additionally, the firm is announcing a tender offer for common shareholders of up to $525 million. The entire deal, which values the company at $6bn, will allow Unity’s common shareholders, the majority of which are early or current employees, to sell their shares in the company.

Unity, led by CEO John Riccitiello, builds developer tools used by game studios to create video games across a number of platforms. The company has more than 2,000 employees and claims that half of all games are created using the company’s game engine.