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New Deal


Announced

Completed

Nexters Global went public via a merger with Kismet Acquisition in a $1.9bn deal.

Financials

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Transaction Value£1,386m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Gaming

Friendly

Cyprus

Acquisition

Private

Cross Border

game developer

Majority

Merger

De-SPAC

Completed

Private Equity

Reverse Takeover

Synopsis

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Nexters, a Cyprus-based mobile & social game developer and publisher, Global went public via a merger with Kismet Acquisition, a SPAC, in a $1.9bn deal. The transaction included a $132m in cash to Nexters and its shareholders, comprising funds from the Kismet and PIPE investors Mubadala Investment Company and VPE Capital. “On behalf of the Kismet team, I am thrilled to bring Nexters and its innovative products to the public markets. Andrey and his team have built a mobile, web and social gaming powerhouse that can boast some of the world’s most popular titles. We are excited to support Nexters’ continued growth and see Nexters established as a leader in the expanding gaming industry," Ivan Tavrin, Kismet Acquisition One Chairman and CEO.

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