M&A Deal Summary

Keywords Studios Acquires Multiplayer Group

On December 18, 2023, Keywords Studios acquired digital media company Multiplayer Group from Improbable for 77M GBP

Acquisition Highlights
  • This is Keywords Studios’ 27th transaction in the Digital Media sector.
  • This is Keywords Studios’ 2nd largest (disclosed) transaction.
  • This is Keywords Studios’ 11th transaction in the United Kingdom.

M&A Deal Summary

Date 2023-12-18
Target Multiplayer Group
Sector Digital Media
Buyer(s) Keywords Studios
Sellers(s) Improbable
Deal Type Divestiture
Deal Value 77M GBP

Target

Multiplayer Group

Nottingham, United Kingdom
Multiplayer Group is a multiplayer focused game development studio. Multiplayer Group was founded in 2018 and is based in Nottingham, United Kingdom.

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Buyer(S) 1

Buyer

Keywords Studios

Dublin, Ireland

Category Company
Founded 1998
Sector Digital Media
Revenue 780M EUR (2023)
DESCRIPTION

Keywords Studios is an international technical services provider to the global video games industry. The company provides integrated art creation, localization, testing, audio, and customer care services across 50 languages and 14 game platforms to a blue-chip client base in more than 15 countries. Keywords Studios was founded in 1998 and is based in Dublin, Ireland.


DEAL STATS #
Overall 41 of 41
Sector: Digital Media M&A 27 of 27
Type: Divestiture M&A Deals 5 of 5
Country: United Kingdom M&A 11 of 11
Year: 2023 M&A 1 of 1
Size (of disclosed) 2 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 High Voltage Software

Hoffman Estates, Illinois, United States

High Voltage Software is an independent game development studio. The Company facilities include motion-capture animation, full audio production, game design, tools and technology, world-class visuals, and quality assurance. High Voltage Software was founded in 2007 and is based in Hoffman Estates, Illinois.

Buy -

Seller(S) 1

SELLER

Improbable

London, United Kingdom

Category Company
Founded 2012
Sector Software
DESCRIPTION

Improbable is a technology company building infrastructure for large-scale virtual worlds and simulations. Its platform enables immersive, persistent digital environments used in gaming, entertainment, and enterprise applications. Improbable was founded in 2012 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-01 Multiplayer Group

Nottingham, United Kingdom

Multiplayer Group is a multiplayer focused game development studio. Multiplayer Group was founded in 2018 and is based in Nottingham, United Kingdom.

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