Savvy Games Group Acquires Scopely for $4.9 Billion

April 6, 2023

Savvy Games Group, a Saudi Arabia–based games and esports company owned by the Public Investment Fund (PIF), has agreed to acquire mobile games developer and publisher Scopely for $4.9 billion. The acquisition will add Scopely’s development capabilities, publishing infrastructure and live-services expertise to Savvy’s portfolio to accelerate growth and expand its global games footprint; the deal is subject to regulatory approval.

Buyers
Savvy Games Group, Public Investment Fund
Targets
Scopely
Location
California, United States
Transaction Type
Buyout

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