Add-on Acquisition • Digital Media

Embracer Acquires Black Forest Games

On August 21, 2017, Embracer acquired digital media company Black Forest Games

Acquisition Context
  • This is Embracer’s 1st transaction in the Digital Media sector.
  • This is Embracer’s 1st transaction in Germany.

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M&A Deal Summary

Date August 21, 2017
Target Black Forest Games
Sector Digital Media
Buyer(s) Embracer
Deal Type Add-on Acquisition

Target Company

Black Forest Games

Offenburg, Germany
Black Forest Games GmbH is a gaming company that develops arcade and strategy-based cross-platform video games. Black Forest Games GmbH was established in 2012 and is based in Offenburg, Germany.
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Buyer Overview 1

Buyer

Embracer

Karlstad, Sweden

Category Company
Founded 1999
Sector Digital Media
Employees5,097
Revenue 22.4B SEK (2025)
DESCRIPTION

Embracer is a developer and publisher of video games. The core portfolio comprises products and brands which have been acquired from various parties (THQ, Atari, and others), and further acquisitions of IPs and trademarks will follow. Embracer was founded in 1999 and is based in Karlstad, Sweden.


Deal Context for Buyer #
Overall 1 of 9
Sector: Digital Media 1 of 8
Type: Add-on Acquisition 1 of 9
Country: Germany 1 of 2
Year: 2017 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-28 Pieces Interactive AB

Skövde, Sweden

Pieces Interactive AB is a developer of computer and video games. Pieces Interactive AB was established in 2007 and is based in Skövde, Sweden.

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