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New Deal


Announced

Completed

Keywords Studios completed the acquisition of Climax Studios for £43m.

Financials

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Transaction Value£43m
Consideration TypeCash, Ordinary Shares, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA10x
Share Price Premium-
One Off Charge-

Tags

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Private

video game developer

Majority

Acquisition

United Kingdom

Domestic

Friendly

Gaming

Single Bidder

Completed

Synopsis

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Keywords Studios, the international technical and creative services provider, completed the acquisition of Climax Studios, a UK based provider of game development services to the video games industry, for £43m. "We are delighted that Simon and the highly talented Climax team are joining the Keywords family. Climax brings a wealth of expertise, adds significant scale to our rapidly growing Game Development Service Line, and provides access to a new pool of talent from its base in Portsmouth," Jon Hauck, Keywords Studios CEO.

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