2 Acquisitions in the Casual Games industry

January 16, 2023

Company acquisitions in the Casual Games industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Casual Games industry.

5minlab acquired by Krafton

Details about the transaction:

Acquisition amount: $19,900,000

Announcement: 14 February 2022

Details about the company:

A PC/mobile game development studio with headquarters in Seoul, South Korea is called 5minlab.

Headquarter:

Where to find them: Website

Industry: Casual Games, Gaming, Mobile Apps, PC Games, Video Games

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Kongregate acquired by Modern Times Group

Details about the transaction:

Acquisition amount: $55,000,000

Announcement: 20 June 2017

Details about the company:

Kongregate is a digital gaming platform and producer of mobile games.

Headquarter:

Where to find them: Website

Industry: Casual Games, Gaming, Internet, iOS, Mobile, Social Network

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

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