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New Deal


Announced

Groupe Bruxelles Lambert to invest €266m in Voodoo.

Financials

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Transaction Value£226m
Consideration TypeCash
Capital Owned-
Capital Bid For16%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Cross Border

Pending

Private

Friendly

Single Bidder

Gaming

game developer

France

Minority

Synopsis

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Groupe Bruxelles Lambert, a Belgian holding company invested in various sectors, agreed to invest €266m in Voodoo, a global developer and publisher of mobile games. "We are pleased to welcome GBL as a long-term investor. This investment will fuel our product expansion towards gaming and more broadly, entertainment apps, while solidifying our technological infrastructure to support this growth," Alexandre Yazdi, Voodoo CEO.

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