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Haveli Investments completed a $100m investment into Candivore.

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Friendly

Cross Border

Israel

game development

Acquisition

mobile games

Gaming

Minority

Private

Completed

Single Bidder

Synopsis

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Haveli Investments, a technology and gaming-focused private equity firm, completed a $100m investment into Candivore, an independent mobile gaming studio based in Tel Aviv, Israel. "Candivore’s Match Masters is a clear category leader with a rapidly growing user base and a talented, entrepreneurial leadership team. We are excited to partner with them on our first investment in the mobile gaming space and look forward to collaborating with Gal and the team at Candivore to capitalize on their success to date and help take the business to new heights," Ophir Lupu, Haveli Investments Senior Managing Director.

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