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New Deal


Announced

Atari to acquire Night Dive for $20m.

Financials

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Transaction Value£16m
Consideration TypeCash, Ordinary Shares, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales6.7x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Single Bidder

video game development

Majority

Private

United States

Friendly

Acquisition

Gaming

Pending

game development

Synopsis

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Atari, one of the world's most iconic consumer brands and interactive entertainment producers, agreed to acquire Night Dive, a full service game development and publishing company, for $20m. "Night Dive’s proven expertise and successful track record in commercializing retro IP is well-aligned with Atari’s strategy and I am confident that their combined talent, technology and IP portfolio will contribute to Atari’s future success," Wade Rosen, Atari Chairman and CEO.

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