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New Deal


Announced

Completed

Sony and Kirkbi led a $2bn investment round in Epic Games.

Financials

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Transaction Value£1,535m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Friendly

Gaming

video games

United States

Minority

Venture Capital

Private Equity

Private

Acquisition

Cross Border

Single Bidder

gaming

Synopsis

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Sony and Kirkbi, a private equity firm, led a $2bn investment round in Epic Games, a video games developer. “As a creative entertainment company, we are thrilled to invest in Epic to deepen our relationship in the metaverse field, a space where creators and users share their time. We are also confident that Epic’s expertise, including their powerful game engine, combined with Sony’s technologies, will accelerate our various efforts such as the development of new digital fan experiences in sports and our virtual production initiatives," Kenichiro Yoshida, Sony Chairman, President and CEO.

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