M&A Deal Summary

Platinum Equity Acquires WorldWinner

On May 17, 2021, private equity firm Platinum Equity acquired digital media company WorldWinner

Acquisition Highlights
  • This is Platinum Equity’s 1st transaction in the Digital Media sector.
  • This is Platinum Equity’s 96th transaction in the United States.
  • This is Platinum Equity’s 2nd transaction in Nevada.

M&A Deal Summary

Date 2021-05-17
Target WorldWinner
Sector Digital Media
Buyer(s) Platinum Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

WorldWinner

Henderson, Nevada, United States
WorldWinner is an online skill-based game tournament platform. It is designed to provide a fun, friendly, and trusted destination for users to play skill-based games against opponents of similar ability for fun and cash prizes. In addition to classic games like Solitaire, WorldWinner is a provider of Atari skill games including Breakout, Asteroids, and Centipede. WorldWinner was founded in 2016 and is based in Henderson, Nevada.

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Buyer(S) 1

Buyer

Platinum Equity

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 50.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Platinum Equity's headquarters in Beverly Hills, California.
Platinum Equity's headquarters in Beverly Hills, California.

Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.


DEAL STATS #
Overall 119 of 156
Sector: Digital Media M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 16 of 25
State: Nevada M&A 2 of 2
Country: United States M&A 96 of 121
Year: 2021 M&A 5 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-12 Club Car

Evans, Georgia, United States

Club Car is a global manufacturer of golf cars, utility, personal transportation, and other low-speed vehicles, including all-electric models, and related aftermarket parts and services. Club Car was formed in 1958 and is based in Evans, Georgia.

Buy $1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-07 Urbaser

Madrid, Spain

Urbaser is a global environmental management company oriented towards sustainability and innovation, serving more than 70 million people in 25 countries through a network of more than 50,000 employees. Urbaser was founded in 1990 and headquartered in Madrid, Spain.

Buy $4.2B