M&A Deal Summary

Stillfront Group Acquires Goodgame Studios

On December 7, 2017, Stillfront Group acquired digital media company Goodgame Studios for 270M EUR

Acquisition Highlights
  • This is Stillfront Group’s 6th transaction in the Digital Media sector.
  • This is Stillfront Group’s 0th largest (disclosed) transaction.
  • This is Stillfront Group’s 3rd transaction in Germany.

M&A Deal Summary

Date 2017-12-07
Target Goodgame Studios
Sector Digital Media
Buyer(s) Stillfront Group
Deal Type Add-on Acquisition
Deal Value 270M EUR

Target

Goodgame Studios

Hamburg, Germany
Goodgame Studios is a free-to-play, online games development company. We operate across web and mobile platforms and cater to over 300 million registered users worldwide. With a rich talent pool of employees from more than 40 nations, company are among the largest German employers in the gaming software industry. Company aim to become one of the leading gaming company in the world.

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Buyer(S) 1

Buyer

Stillfront Group

Stockholm, Sweden

Category Company
Founded 2010
Sector Digital Media
Employees1,346
Revenue 7.0B SEK (2023)
DESCRIPTION

Stillfront Group is an independent creator, publisher and distributor of digital games. Stillfront Group was founded in 2010 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 6 of 7
Sector (Digital Media) 6 of 6
Type (Add-on Acquisition) 3 of 4
Country (Germany) 3 of 3
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-30 eRepublik Labs

Bucharest, Romania

eRepublik Labs Ltd. develops and publishes the game 'eRepublik.com', a browser based free-to-play strategy game launched in 2008. The Group also develops and publishes the games 'Age of Lords' (launched in 2015) which is a mobile game in the MMORPG-genre and 'World at War: WW2 Strategy MMO', a mobile strategy game which has experienced strong growth since its launch in October 2016.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-19 6waves

Hong Kong, China

6waves is an independent publisher of free-to-play social games on Facebook, with over 55 active games played by over 28 million monthly active users (“MAUs”) as of December 2011. The company aims to publish the next generation of social games to cover every genre, language, and platform. 6waves was founded in 2008 and is based in Hong Kong, China.

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