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Announced

Completed

Josh Buckley and Sequoia Capital led a $100m Series A round in Playco.

Financials

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Transaction Value£77m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

mobile games

Completed

Japan

Gaming

Minority

Private

Cross Border

Single Bidder

Acquisition

Venture Capital

Friendly

Synopsis

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Josh Buckley and Sequoia Capital led a $100m Series A round in Playco, a new mobile gaming startup, with participation from Sozo Ventures, Raymond Tonsing’s Caffeinated Capital, Keisuke Honda’s KSK Angel Fund, Taizo Son’s Mistletoe Singapore, Digital Garage, Will Smith’s Dreamers, Makers Fund and others. Playco will put its capital towards building partnerships with the largest social and messaging companies globally and to assemble a world-class team.

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