The first half of 2021 with plenty of gaming deal flow.
There was an “unprecedented deal activity” in the gaming world during this half. These deals include mergers and acquisitions, public offerings, and more which made up a total of $60 billion.
Gaming Deal Flow
The report of gaming deals in H1 of 2021 was published recently by Drake Star Partners, an investment bank. According to the report, the number of deals that happened in the first half of 2021 is double the number of gaming deals that occurred in the whole of 2020. In the previous year, gaming deals amounted to $33.6 billion while this year the amount almost doubled in just the first half; $60 billion.
A total of 635 deals were closed in H1 2021 and among these numbers 19 have been deemed as high-value deals amounting to more than $50 million. The majority of the deals came in the shape of private placements amounting to 364. While 169 deals fall in the category of acquisitions and mergers. IPOs launched in H1 2021 amounted to 37 while public financing deals were 62 in total.
[novashare_tweet tweet=”We have just completed the first half of 2021 with plenty of gaming deals. There was an “unprecedented deal activity” in the gaming world during this half. These deals include mergers and acquisitions, public offerings, and more which made up a total of $60 billion.” cta_text=”Gaming Industry Deal Flow H1 2021 ” hide_hashtags=”true”]In terms of value, mergers and acquisitions proved the most valuable with a total of $23 billion for the first half of 2021. Public financing followed with $16.4 billion in H1 while IPOs valued at $11.2 billion.
According to the report the most number of mergers and acquisitions made were in PC and console platforms; 51. While the mobile platform came in second place with 44 mergers and acquisition deals.
The top mergers and acquisitions in terms of high value were EA’s $1.4 billion acquisition of Playdemic, and the second most high-value merger and acquisition deal was Take Two’s acquisition of Nordeus.
However, the top most deal this year so far is Microsoft’s $7.5 billion acquisition of ZeniMax which was finally executed in March this month. Other top deals this year were Bytedance buying Moonton Technology for $4 billion and EA’s acquisition of Glu Mobile for $2.1 billion.