Mega Deals
Pluto Acquired by Flutter Entertainment
Deal Value: $2.6BAnd finally, Italian gambling technology group Pluto was purchased for $2.6B at a 2.6 sales multiple in September by Flutter Entertainment to expand its international presence, particularly in the Italian market.
Keywords Studios Acquired by EQT
Deal Value: $2.6BIn July, gaming operator Keywords Studios was acquired for $2.6B at a 2.4 revenue valuation by private equity firm EQT.
Everi Acquired by Apollo
Deal Value: $1.3BAt the same time, Apollo picked up casino platform provider Everi Holdings for $1.3B at a 2.6x sales multiple.
International Game Technology Acquired by Apollo Global Management
Deal Value: $4BLooking at the largest deal seen during the first nine months of 2024, gaming company International Game Technology sold its gaming and digital businesses for $4B to PE firm Apollo Global Management.
Key Transactions
Superplay Acquired by Playtika
Deal Value: $700MFinally, in September, mobile gaming firm Superplay was bought for $700M by Playtika to grow its gaming capabilities and launch new and successful games.
Battlefront Acquired by Slitherine
In August, Combat Mission series creator Battlefront was snapped by wargame publisher Slitherine to elevate its presence in the wargaming market.
Mojito Games Acquired by Joycity
And in Korea, game development studio Mojito Games was acquired by gaming publisher Joycity in July to strengthen its position in the gaming industry.
Singularity 6 Acquired by Daybreak
In July, Los Angeles-based online game developer Singularity 6 was picked up by global gaming publisher Daybreak to expand its existing portfolio.
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