M&A Deal Summary

Jam City Acquires Bingo Pop

On November 28, 2018, Jam City acquired digital media company Bingo Pop from Uken Studios

Acquisition Highlights
  • This is Jam City’s 6th transaction in the Digital Media sector.
  • This is Jam City’s 1st transaction in Canada.
  • This is Jam City’s 1st transaction in Ontario.

M&A Deal Summary

Date 2018-11-28
Target Bingo Pop
Sector Digital Media
Buyer(s) Jam City
Sellers(s) Uken Studios
Deal Type Divestiture

Target

Bingo Pop

Ontario, Canada
Bingo Pop is a bingo mobile game based in Canada.

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Buyer(S) 1

Buyer

Jam City

Culver City, California, United States

Category Company
Founded 2010
Sector Digital Media
Employees500
DESCRIPTION

Jam City engages in mobile entertainment, providing social gaming experiences for millions of players around the world. Jam City was founded in 2010 by MySpace cofounders Chris DeWolfe and Aber Whitcomb, and former 20th Century Fox executive Josh Yguado. Jam City is the creative powerhouse behind some of the highest grossing and most enduring social gaming franchises for mobile, including Cookie Jam (Facebook “Game of the Year” winner) and Panda Pop. Jam City is the go-to studio for Hollywood, having developed immersive, narrative rich mobile games around iconic entertainment brands including Harry Potter, Family Guy, Marvel Avengers and Futurama. Jam City has 500 employees across studios in Los Angeles (HQ), San Francisco, San Diego, Seattle and Buenos Aires. The Jam City team is known for its creative excellence and technological innovation in key areas including storytelling, data science and consumer insights.


DEAL STATS #
Overall 6 of 8
Sector: Digital Media M&A 6 of 8
Type: Divestiture M&A Deals 1 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 2
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-14 Brainz

Bogotá, Colombia

Brainz is a Bogota, Colombia-based mobile game developer, including the upcoming action strategy game World War Doh. Its first title, Vampire Season-Monster Defense was released in the summer of 2012 to critical acclaim globally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-04 231 Play

Berlin, Germany

231 Play GmbH is a data-driven mobile gaming studio that strives to update and reimagine timeless game mechanics to usher them into the current age of digital gaming. 231 Play GmbH was founded in 2016 and is based in Berlin, Germany.

Buy -

Seller(S) 1

SELLER

Uken Studios

Toronto, Ontario, Canada

Category Company
Founded 2009
Sector Digital Media
DESCRIPTION

Uken Studios, Inc. is a cross-platform game studio making fun social and mobile games. Uken Studios was formed in 2009 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2018 M&A 1 of 1