The estimated value of Unity Technologies has grown to $6 billion
Unity Technologies investors are ready to buy $525 million worth of securities from its shareholders. Due to the tender offer, the company’s valuation instantly doubled to $6 billion.
The engine developer announced this today, July 26. The offer came from D1 Capital Partners, Light Street Capital, Sequoia Capital, Silver Lake Partners and the Canadian Pension Plan Investment Board. As reported by Gamesindustry.biz, most of the shareholders for whom the tender is designed are former and current Unity employees.
In June last year, according to the results of the last round of financing, the company was valued at $ 3 billion. A year before, the investment of the already mentioned Silver Lake in Unity Technologies allowed the latter to be valued at $2.6 billion.
Let’s add that Unity may enter an IPO next year. The company has not officially commented on this information. Sources also claim that the public offering of Unity shares will happen only under favorable market conditions.
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