MTG - M&A Summary and Business Overview

MediaCompany

MTG M&A Summary

MTG has acquired 12 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 5 assets.

MTG’s largest acquisition to date was in 2021, when it acquired PlaySimple Games for $360M. It’s largest disclosed sale occurred in 2017, when it sold TV3 Group to Bite Group for $129M. MTG has acquired in 2 different US states, and 9 countries. The Company’s most targeted sectors include digital media (50%) and media (34%).

MTG Business Overview

Where is MTG headquartered?

MTG is headquartered in Stockholm, Sweden.

What is MTG’s revenue?

MTG disclosed revenue of 5,306M SEK for 2021 and 3,997M SEK for 2020.

How many employees does MTG have?

MTG has 1,004 employees.

What sector is MTG in?

MTG is a media company.

When was MTG founded?

MTG was founded in 1987.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity11
    • M&A Sell Activity5
  • Total Sectors Invested 4
  • Total Countries Invested 9
  • M&A Buy/Sell Connections 9
  • M&A Advisors 4

MTG

Modern Times Group Mtg AB

Skeppsbron 18,
Stockholm, 103 13
Sweden,
+46 8 56 20 00 50
www.mtg.com

MTG (Modern Times Group) is an international entertainment group. Its operations span six continents and include TV channels and platforms, online services, content production businesses and radio stations. MTG was founded in 1987 and is based in Stockholm, Sweden.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 8 1 2 - - - 11
vol $152M $275M $504M $931M
Sell (0.0/yr) # 5 - - - - - 5
vol $189M $189M
  16

Most Recent M&A

Company Date Value Type
PlaySimple Games 2021-07-02 360M USD Add-on Acquisition
Bangalore, India · www.playsimple.in
Ninja Kiwi Ltd. 2021-03-24 144M SEK Add-on Acquisition
Kumeu, New Zealand · www.ninjakiwi.com
Hutch Games Ltd. 2020-12-08 275M USD Add-on Acquisition
London, United Kingdom · www.hutch.io
Zoomin.TV 2019-10-28 - Divestiture
Amsterdam, Netherlands · www.zoomin.tv
Trace Partners SAS 2018-01-19 - Divestiture
Clichy, France · www.trace.company
Kongregate, Inc. 2017-06-20 55M USD Divestiture
San Francisco, California · www.kongregate.com
TV3 Group 2017-03-17 129M SEK Divestiture
Riga, Latvia · www.tv3group.eu
InnoGames GmbH 2016-10-13 - Stake Purchase
Hamburg, Germany · www.innogames.com
DreamHack AB 2015-11-12 29M SEK Add-on Acquisition
Hagersten, Sweden · www.dreamhack.se
Turtle Entertainment GmbH 2015-09-01 - Add-on Acquisition
Cologne, Germany · www.turtle-entertainment.de
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Kongregate, Inc. 2017-06-20 Bit Heroes 2019-07-19 2
San Francisco, California · www.kongregate.com , United States · www.bitheroesgame.com

M&A by Sector

Sector Buy # Value Sell # Value
Digital Media 6 (50%) 834M (90%) 1 (20%) -
Media 4 (33%) 97M (10%) 3 (60%) 189M (100%)
Communications 1 (8%) - 1 (20%) -
Internet Software and Services 1 (8%) - - -
Total 12 $931M 5 $189M

By Geo

State/Country Buy Value Sell Value
Sweden 2 29M 1 -
United States 2 78M 1 60M
  California 1 55M 1 60M
France 1 45M 1 -
Germany 2 - - -
Netherlands 1 - 1 -
Finland 1 - - -
India 1 360M - -
Latvia - - 1 129M
New Zealand 1 144M - -
United Kingdom 1 275M - -
Domestic 2 (17%) 29M (3%) 1 (20%) -
Cross-border 10 (83%) 902M (97%) 4 (80%) 189M (100%)
Total 12 $931M 5 $189M

Top M&A Advisors

Financial Deals
Ernst & Young Capital Advisors LLC
3
Legal Deals
Norton Rose Fulbright
2
Gernandt & Danielsson Advokatbyra KB
2
Bell Gully
1

Deal Values

buy # Total
$100M to $1B 3 $779M
< $100M 4 $152M
TOTAL $931M
Largest PlaySimple Games
$360M (2021-07-02)
sell # Total
$100M to $1B 1 $129M
< $100M 1 $60M
TOTAL $189M
Largest TV3 Group
$129M (2017-03-17)

M&A Connections

Deals
Acquired from
Investor(s)
17%
2 (17%)
Strategic(s)
17%
2 (17%)
Divested to
Investor(s)
40%
2 (40%)
Strategic(s)
60%
3 (60%)

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Media Companies , Sweden Companies