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New Deal


Announced

Completed

AppLovin completed the investment in Redemption Games.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

video game developer

Completed

Friendly

Minority

United States

Acquisition

Gaming

Private

Synopsis

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AppLovin, a mobile games company, completed the investment in Redemption Games, a provider of computer based games and software. Financial terms were not disclosed. "We are excited to work with a market leader that can really help us grow our studio. Building on the success of Sweet Escapes, this investment enables us to bring together all the ingredients needed to create new hit games, and ensures those games will delight and get in front of players all over the world," Michael Witz, Redemption Games CEO.

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