3 Acquisitions of Companies in the Online Games Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Online Games industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 3 acquisitions that took place in the Online Games industry.

Flying Sheep Studios acquired by iCandy Interactive Limited

Details about the transaction:

Acquisition amount:

$2,163,155

Announcement:

8 June 2022

Details about the company:

A game development studio is called Flying Sheep Studios.

Headquarter:

Cologne, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Gaming, Online Games, PC Games, Video Games

Details about the buyer:

One of the major game developers in Southeast Asia, iCandy Group creates both traditional and Web3 games that are cross-platform.

Headquarter:

Melbourne, Victoria, Australia

Where to find them:

Kingcheer acquired by KDG

Details about the transaction:

Acquisition amount:

$96,423,126

Announcement:

7 May 2018

Details about the company:

Mobile games and internet amusement games are created by Kingcheer.

Headquarter:

Shenzhen, Guangdong, China

Where to find them:

Industry:

Media and Entertainment, Online Games, PC Games

Details about the buyer:

KDG is a division of the digital marketing group.

Headquarter:

Beijing, Beijing, China

Where to find them:

Sportnco acquired by Gaming Innovation Group

Details about the transaction:

Acquisition amount:

$57,543,721

Announcement:

22 December 2021

Details about the company:

Sportnco concentrates on providing its customers with the greatest iGaming options.

Headquarter:

Labège, Midi-Pyrenees, France

Where to find them:

Industry:

Gambling, Gaming, Online Games, Sports

Details about the buyer:

Through its three B2B solutions, Gaming Innovation Group provides state-of-the-art cloud-based services and performance marketing.

Headquarter:

Bokeelia, Florida, United States

Where to find them:

Non-dilutive acquisition financing

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