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Announced

Embracer Group to acquire Gearbox, Easybrain and Aspyr Media for $2.5bn.

Financials

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Transaction Value£1,829m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Gaming

video game developer

Friendly

Single Bidder

Acquisition

Cross Border

Majority

Pending

Cyprus

Synopsis

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Embracer Group, a Swedish video game holding company, agreed to acquire of video game development companies Gearbox, Easybrain and Aspyr Media for $2.5bn. “Gearbox is arguably one of the most creative and valuable independent developers in the world. We believe that the resources offered by Embracer will position Gearbox for continued significant growth in the years to come,” Lars Wingefors, Embracer Group Founder and Group CEO.

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