M&A Deal Summary

PTW Acquires 1518 Studios

On February 11, 2021, PTW acquired digital media company 1518 Studios

Acquisition Highlights
  • This is PTW’s 1st transaction in the Digital Media sector.
  • This is PTW’s 1st transaction in the United States.
  • This is PTW’s 1st transaction in California.

M&A Deal Summary
Date 2021-02-11
Target 1518 Studios
Sector Digital Media
Buyer(s) PTW
Deal Type Add-on Acquisition

Target

1518 Studios

Larkspur, California, United States
1518 Studios is a developer of full-stack, full-service digital technology studio, and offers ustom software product development, game design, and development, art services, along with IT staff augmentation, game porting, content creation, and esports services. 1518 Studios is based in Larkspur, California.

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Buyer(S) 1

Buyer

PTW

Larkspur, California, United States
Category Company
Sector Digital Media
DESCRIPTION

PTW is a developer of games and also digital entertainment, and interactive media solutions provider with 35 offices in 11 countries worldwide. PTW offers a range of services includes quality assurance, localization, customer experience, engineering and development services, and audio production services. PTW is based in Larkspur, California.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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