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New Deal


Announced

Completed

Playtika completed the acquisition of an 80% stake in Finland Reworks for $400m.

Financials

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Transaction Value£290m
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Gaming

Single Bidder

Finland

Private

Acquisition

game maker

Cross Border

Friendly

Majority

Completed

Synopsis

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Playtika, an Israel-based digital entertainment company that specializes in the development and publication of free to play mobile games, completed the acquisition of an 80% stake in Finland Reworks, a game-maker specialized in developing uplifting game experiences that spark creativity and imagination, for $400m. "Reworks’ popular design entertainment app, Redecor, lets players decorate homes. The platform the game is built on could also be used in the future for fashion, auto and restaurant-related titles," Robert Antokol, Playtika CEO.

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