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Announced

Completed

Plutus completed the acquisition of Nazara from WestBridge for $68m.

Financials

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Transaction Value£49m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

Gaming

Cross Border

Friendly

Venture Capital

Majority

computer programming services

Acquisition

Single Bidder

Private

Completed

Private Equity

Synopsis

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Plutus, a venture capital firm, completed the acquisition of Nazara, a company providing computer programming services, from WestBridge, a private equity firm, for $68m. “We are excited to onboard Plutus as a long-term investor in Nazara. Creating value for all our stakeholders, including our investors, has always been very important for us and I am glad that we have been able to deliver a great return to WestBridge who backed us early on in 2005," Nitish Mittersain, Nazara Technologies Founder and Managing Director.

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