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Game acquisitions and fundings make a comeback in Q1 2025 | Drake Star Partners


Gaming M&A hit its highest quarterly deal value in two years and recovered from a dip in the Q4 of 2024, Drake Star Partners said.

He said it was exciting to see Tencent and Krafton become active, with deals happening from France with Ubisoft to India with Nautilus Games. Key buyers to watch include Savvy/Scopely, Tencent, Krafton, Keywords Studios/EQT, Jagex/CVC, Infinite Reality, Sony and Asmodee,” Drake Star said in the report. Among the public markets, Tencent said it would invest $1.25 billion to buy a minority stake in a new Ubisoft subsidiary with top brands like Rainbow Six and Assassin’s Creed in it.

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