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Announced

Completed

Embracer-backed DECA Games completed the acquisition of Jufeng, Hero Hunters and Killshot Bravo from Gaea and Hothead Games.

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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Private

video services

China

Entertainment

Friendly

Acquisition

Single Bidder

Completed

Majority

entertainment

Cross Border

Synopsis

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Embracer-backed DECA Games, a game publisher and developer of video games, completed the acquisition of Jufeng, a provider of video shooting services for commercial use, Hero Hunters and Killshot Bravo from Gaea and Hothead Games, an independent Canadian video game developer. Financial terms were not disclosed. “DECA has taken an important step in delivering on our asset care and M&A strategy. We’ve acquired eight long lasting and beloved titles and added a talented team that is experienced in the live operations and international mobile publishing. I am excited to continue growing our portfolio and exploring further opportunities in Asia where the talent and market for mobile games is outpacing the rest of the world," Ken Go, DECA CEO.

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