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New Deal


Announced

Completed

LKCM Headwater Investments led a $200m Series A funding round in ProbablyMonsters.

Financials

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Transaction Value£145m
Consideration TypePreference Shares
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

video games

Minority

United States

Private

Private Equity

Gaming

Completed

Acquisition

Domestic

Single Bidder

Synopsis

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LKCM Headwater Investments, a private equity investment firm, led a $200m Series A funding round in ProbablyMonsters, an operator of video game studio intended to unite, guide and empower talented game developers. “We are excited to expand our partnership with ProbablyMonsters reflecting our confidence in the team’s strong progress executing their vision of developing a portfolio of games led by a proven, well-aligned, and exceptionally talented team in a thoughtfully developed culture since our initial investment in 2018,” Bryan King, LKCM Headwater Managing Partner.

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