In the second quarter of 2024, the volume of gaming deals almost doubled compared to last year's figures
The analytical company InvestGame studied the situation in the gaming deals market for the second quarter of 2024. They released a report with data on private investments, M&A, and public offerings.
- According to InvestGame estimates, from April to June 2024, game-related companies concluded 166 deals totaling $4.1 billion. For comparison: in the second quarter of 2023, there were 138 deals with a total volume of $2.3 billion.
- The majority of the deals—116—were in private investments, which amounted to $1 billion (+100%).
- M&A were the second most common with 37 deals totaling $0.5 billion (-16.6%).
- Throughout the quarter, companies listed their securities on the stock market 13 times. The total valuation of public offerings was $2.6 billion (+116.6%).
- The largest private investment was attracted by Zentry, which received $140 million in a round led by Animoca Brands. The largest M&A agreement was the acquisition of Gearbox Entertainment by Take-Two Interactive for $460 million. The largest public offering was conducted by Asmodee, amounting to $964 million.
