M&A Deal Summary

FidelisWorld Acquires Sportz Interactive

On October 13, 2016, growth capital firm FidelisWorld acquired gaming company Sportz Interactive

Acquisition Highlights
  • This is FidelisWorld’s 2nd transaction in the Gaming sector.
  • This is FidelisWorld’s 3rd transaction in India.

M&A Deal Summary

Date 2016-10-13
Target Sportz Interactive
Sector Gaming
Buyer(s) FidelisWorld
Deal Type Buyout (LBO, MBO, MBI)

Target

Sportz Interactive

Mumbai, India
Sportz Interactive is a sports-focused content and technology solutions company in Asia with a vision to revolutionize the sports fan experience by creating best-in-class products. Sportz Interactive was founded in 2002 and is based in Mumbai, India.

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Buyer(S) 1

DESCRIPTION

FidelisWorld is a unique investment firm with resources and networks dedicated to identifying and exploiting lucrative investment opportunities in the applied technology, media & entertainment, and lifestyle ecosystem, with a focus on rapidly growing India. FidelisWorld was established in 2010 and is headquartered in Ebene, Mauritius.


DEAL STATS #
Overall 3 of 5
Sector: Gaming M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
Country: India M&A 3 of 5
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-01 Smaaash

Mumbai, India

Smaaash presents an unmatched range of games that offer a superlative virtual-reality experience and combines the best of sports, music, and dining into a highly immersive, interactive, innovative, and involved entertainment experience. Smaaash was founded in 2011 and is headquartered in Mumbai, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-23 Wildcraft

Bangalore, India

Wildcraft is an outdoor and adventure product company that makes performance clothing & footwear, backpacks, rucksacks, camping, and hiking equipment, among others, also entered the performance footwear and clothing segments which contribute significantly to its revenues. Wildcraft was founded in 1998 and is based in Bangalore, India.

Buy -