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New Deal


Announced

Completed

Team17 completed the acquisition of StoryToys for $49m.

Financials

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Transaction Value£35m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Software

Majority

app developer

Single Bidder

Friendly

Private

United Kingdom

Domestic

Completed

Synopsis

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Team17, a global games entertainment label, creative partner and developer, completed the acquisition of StoryToys, an educational games developer and publisher, for $49m. "I am thrilled to be welcoming StoryToys into the Team17 family and believe our shared culture and values perfectly align. In StoryToys, we are acquiring a highly creative and successful team whose ability to both entertain and educate children is truly best in class," Debbie Bestwick, Team17 CEO.

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