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Closed game deals hit record in 2023 but deal activity mixed in Q4 | Drake Star
Do you want to get the latest gaming industry news straight to your inbox? Sign up for our daily and weekly newsletters here. In 2023, the value of closed game mergers and acqusitions hit a record of $86 billion, according to the Drake Star Global Gaming Report 2023. But deal activity for both acquisitions and […]
M&A advisory firm Drake Star Partners predicts M&A activity to steadily increase again in 2024. Private placements got weaker in Q4 2023 compared to a year ago and compared to Q3 2023.With a tightening regulatory environment in China, Drake Star foresees Tencent and other Chinese strategics to continue increasing their investments and acquisitions in the Western markets. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it.
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