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New Deal


Announced

Platinum Equity to acquire Game Taco and WorldWinner from Sony Pictures Entertainment-backed Game Show Network.

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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Majority

Domestic

Private

Gaming

gaming platform

Private Equity

United States

Acquisition

game development

Pending

Friendly

Single Bidder

Synopsis

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Platinum Equity, an investment firm, agreed to acquire Game Taco, an online skill-based game tournament platform, and WorldWinner, an online platform that enables individuals to play games, from Sony Pictures Entertainment-backed Game Show Network, a company specializing in game show entertainment across multimedia. Financial terms are not disclosed. "This investment brings together two complementary businesses under a powerful leadership team with an exciting vision for growth," Jacob Kotzubei, Platinum Equity Partner.

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