M&A Deal Summary

GameStop Acquires Parrot Cellular

On August 4, 2015, GameStop acquired retailer Parrot Cellular

Acquisition Highlights
  • This is GameStop’s 5th transaction in the Retail sector.
  • This is GameStop’s 9th transaction in the United States.
  • This is GameStop’s 2nd transaction in California.

M&A Deal Summary

Date 2015-08-04
Target Parrot Cellular
Sector Retail
Buyer(s) GameStop
Deal Type Add-on Acquisition
Advisor(s) Brereton, Hanley (Financial)

Target

Parrot Cellular

Campbell, California, United States
Parrot Cellular operates a chain of approximately 70 retail stores that sell AT&T Wireless service, AT&T home service products, wireless telephones, accessories, and handset warranties.

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Buyer(S) 1

Buyer

GameStop

Grapevine, Texas, United States

Category Company
Founded 1996
Sector Retail
Employees6,000
Revenue 3.8B USD (2025)
DESCRIPTION
GameStop's corporate headquarters in Grapevine, Texas.
GameStop's corporate headquarters in Grapevine, Texas.

GameStop is a video game and entertainment software retailer. GameStop was founded in 1996 and is based in Grapevine, Texas.


DEAL STATS #
Overall 11 of 11
Sector: Retail M&A 5 of 5
Type: Add-on Acquisition M&A Deals 7 of 7
State: California M&A 2 of 2
Country: United States M&A 9 of 9
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-02 Think Geek

Fairfax, Virginia, United States

Geeknet, Inc. owns and operates Think Geek, an online retailer of video game themed merchandise.

Buy $140M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-20 Kongregate

San Francisco, California, United States

Kongregate, Inc. is a browser based game site with over 10 million monthly unique visitors who spend more than 23 million hours playing per month. The site features a community and social platform including achievements, profiles, chat, messaging, forums, and levels, which unifies over 30,000 games into a cohesive and addicting experience. Kongregate shares revenue from advertising and virtual goods directly with over 8,500 developers who have uploaded games to the site. Kongregate, Inc. was established in 2006 and is headquartered in San Francisco, California.

Sell $55M