M&A Deal Summary

Epic Games Acquires Houseparty

On January 1, 2019, Epic Games acquired internet software and services company Houseparty

Acquisition Highlights
  • This is Epic Games’ 1st transaction in the Internet Software and Services sector.
  • This is Epic Games’ 1st transaction in the United States.
  • This is Epic Games’ 1st transaction in California.
Investment Fate
  • Houseparty was sold to a strategic buyer in 2021.

M&A Deal Summary

Date 2019-01-01
Target Houseparty
Sector Internet Software and Services
Buyer(s) Epic Games
Deal Type Add-on Acquisition

Target

Houseparty

San Francisco, California, United States
Houseparty is a face-to-face social network app that provides professional tools to host, manage video meetings, voice, webinars, and chats. Houseparty is based in San Francisco, California.

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Buyer(S) 1

Buyer

Epic Games

Cary, North Carolina, United States

Category Company
Founded 1991
Sector Digital Media
DESCRIPTION

Epic Games is a publisher of interactive games and developer of the software platforms used for game development and high-end graphics rendering. Epic Games was founded in 1991 and is based in Cary, North Carolina.


DEAL STATS #
Overall 3 of 9
Sector (Internet Software and Services) 1 of 4
Type (Add-on Acquisition) 3 of 9
State (California) 1 of 2
Country (United States) 1 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-08 Kamu

Helsinki, Finland

Kamu Ltd. is a game security and player services company. Kamu is the creator of Easy Anti-Cheat, a service currently used by over 100 million PC players globally. Kamu Ltd. was founded in 2013 and is based in Helsinki, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-12 Cubic Motion

Manchester, United Kingdom

Cubic Motion creates and deploys advanced computer vision to transform the production and consumption of digital media. Cubic Motion innovations include world-leading technologies for precise tracking in markerless video, stereo, and depth data. These methods, already well-known for powering the industry's leading facial animation services, now bring realtime capabilities to creatives and consumers alike.

Buy -