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New Deal


Announced

Completed

Stillfront Group completed the acquisition of Storm8 for $400m.

Financials

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Transaction Value£312m
Consideration TypeOrdinary Shares, Contingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales2.7x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Gaming

mobile games

Friendly

Acquisition

Single Bidder

United States

game developer

Private

Completed

Majority

Cross Border

Synopsis

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Stillfront Group, a provider of free-to-play online games, completed the acquisition of Storm8, a developer of mobile games, for $400m. “Since Storm8's founding in 2009, our team remains as excited as ever about the massive mobile games market opportunity. We are looking forward to working with Jörgen and the entire Stillfront team to take our games to new heights. Stillfront and Storm8 are a natural fit with a shared entrepreneurial culture and a commitment to greatness. Joining the Stillfront family is the next step in our journey to building the market leading free-to-play powerhouse," Perry Tam, Storm8 CEO and Co-Founder.

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