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New Deal


Announced

Motorsport Games to acquire Studio397.

Financials

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

Tags

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Cross Border

video game developer

Single Bidder

Pending

Private

Netherlands

Gaming

Majority

Friendly

Acquisition

Synopsis

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Motorsport Games, a racing game developer, publisher, and esports ecosystem provider, agreed to acquire Studio397, a video game publisher. Financial terms were not disclosed. "We have been working with the team at Studio397 for a long time on both game development and esports. This is an acquisition that, when completed, makes complete sense for all parties and we are delighted to have them agree to join the Motorsport Games family," Stephen Hood, Motorsport Games President.

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