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New Deal


Announced

Keywords Studios to acquire High Voltage for $50m.

Financials

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Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

game development

Gaming

Cross Border

United States

Private

Single Bidder

Acquisition

Friendly

Majority

Synopsis

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Keywords Studios, an international technical and creative services provider to the global video games industry, agreed to acquire High Voltage Software, a provider of game development services to the video games industry, for $50m. "We are overjoyed to join an industry-leading global group such as Keywords Studios. We are tremendously excited they share our vision for augmenting our development capabilities and they will provide us the ability to embark upon a growth trajectory for our business creating the next generation of AAA games. Furthermore, Keywords Studios' investment in our studio is an outstanding sign for the continued expansion of game development in Illinois and Louisiana. We genuinely look forward to working together with everyone at Keywords Studios and fulfilling a noteworthy role in this new journey with them," Kerry Ganofsky, High Voltage Founder.

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