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New Deal


Announced

Completed

Keywords Studios completed the acquisition of The Multiplayer Group from Improbable Worlds for £76m.

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

video game developer

Gaming

multiplayer games

Acquisition

Cross Border

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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Keywords Studios, the international provider of creative and technology-enabled solutions to the global video games and entertainment industries, completed the acquisition of The Multiplayer Group, a multiplayer focused game development studio headquartered in Nottingham, from Improbable Worlds, a video game developer, for £76m. "We are thrilled to welcome the MPG team to Keywords. MPG is a business that we have long admired for its high-quality work, blue-chip client base, deep experience in developing AAA multiplayer games and its use of technology and data analytics. This is another important step in building out our platform and expanding our offering to encompass specialised multiplayer game development at scale, which is increasingly in demand for live services. We believe that MPG complements our existing high-quality UK and global Create studios and are excited to bring them into the Group. We look forward to working with Andy and the wider talented MPG team over the coming years to continue to drive growth in the business," Bertrand Bodson, Keywords Studios CEO.

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