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New Deal


Announced

Completed

FTX completed the acquisition of Good Luck 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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Completed

Acquisition

Single Bidder

Private

Friendly

Gaming

United States

Domestic

game developer

Majority

Synopsis

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FTX, a cryptocurrency company, completed the acquisition of Good Luck Games, a creator of the auto-battle game Storybook Brawl. Financial terms were not disclosed. "We couldn't stop playing Storybook Brawl when it became available on Early Access in Steam last summer. Outside of it being an incredibly fun game our whole office enjoys, with its highly engaging gameplay and free-to-play model, we saw an opportunity to be the vanguard for the ethical integration of gaming and crypto transactions in a way that hasn't yet been done in this space," Sam Bankman-Fried, FTX Co-Founder.

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