M&A Deal Summary

Color Star Technology Acquires Elephant Games

On September 16, 2021, Color Star Technology acquired digital media company Elephant Games

Acquisition Highlights
  • This is Color Star Technology’s 1st transaction in the Digital Media sector.
  • This is Color Star Technology’s 2nd transaction in China.

M&A Deal Summary

Date 2021-09-16
Target Elephant Games
Sector Digital Media
Buyer(s) Color Star Technology
Deal Type Add-on Acquisition

Target

Elephant Games

Guangzhou, China
Elephant Games specializes in the development and operation of online games with local characteristics. Elephant Games has developed a number of 3D chess and card games with local characteristics and boasts independent intellectual property rights. Elephant Games was founded in 2017 and is based in Guangzhou, China.

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Buyer(S) 1

Buyer

Color Star Technology

New York, New York, United States

website


Category Company
Founded 2002
Sector Building Materials
Revenue 17M USD (2022)
DESCRIPTION

Color Star Technology is an entity which engages in the production of advanced construction materials for large scale infrastructure, commercial and residential developments. The Company is primarily focused on engineering, producing, servicing, delivering and pumping a comprehensive range of advanced ready-mix concrete materials for highly technical, large scale, and environmentally-friendly construction projects. Color Star Technology was founded in 2002 and is based in New York, New York.


DEAL STATS #
Overall 2 of 3
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (China) 2 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-01 Sunway Kids International Education Group

China

Sunway Kids International Education Group is an education and health service provider for children in China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-09 Yi Ti Technology

China

Yi Ti is a sports technology solutions provider that organizes sporting events, builds sporting venues, provides training, sports data, and other services, with the aim to digitally empower the industry and to provide an efficient service platform and solutions.

Buy -