Scopely to Acquire Majority Stake in “Pixel Flow!” Studio

Scopely to Acquire Niantic’s Games Business (Pokémon GO, Pikmin Bloom, Monster Hunter Now) in $3.5B Deal

May 29, 2025

Media & Entertainment

Scopely signed an agreement to acquire Niantic’s games business in a deal valued at $3.5 billion. The transaction will bring Niantic’s full game development teams and live games/apps—including Pokémon GO, Pikmin Bloom, Monster Hunter Now, and companion services Campfire and Wayfarer—into the Scopely portfolio. The deal is subject to customary closing conditions and regulatory approvals, and Scopely says it has since closed the acquisition on May 29, 2025.

DoubleU Games Acquires Paxie Games (Merge Studio: Fashion Makeover)

March 25, 2025

Media & Entertainment

DoubleU Games, a Korean social casino mobile game developer, completed its acquisition of Turkey-based Paxie Games. The deal gives DoubleU Games an initial 60% stake for about $29.9 million (reported as $27 million in another source), with the remaining ownership acquired via a three-year earnout tied to financial targets.

Savvy Games Group Acquires Scopely for $4.9 Billion

April 6, 2023

Media & Entertainment

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.

Animoca Brands Takes Majority Stake in PIXELYNX

December 6, 2022

Media & Entertainment

Animoca Brands Corporation Limited has acquired a majority stake in PIXELYNX, a Los Angeles–based music metaverse and gaming platform founded by deadmau5 and Richie Hawtin. The deal is intended to integrate PIXELYNX's music/gaming/Web3 capabilities into Animoca Brands' broader metaverse ecosystem to develop new music-focused gaming products and monetization formats.

SciPlay Acquires 80% Stake in Alictus

March 1, 2022

Software

SciPlay Corporation has acquired an 80% stake in Ankara-based mobile game developer Alictus for $100 million in cash, with an agreement to purchase the remaining 20% over five years for up to an additional $200 million contingent on performance. The deal expands SciPlay's presence in the hyper-casual mobile market, adds a Turkey-based studio and in-app advertising capabilities, and is expected to increase SciPlay's DAUs by ~1.8 million and MAUs by ~28 million.

Searchlight Capital Partners to Acquire Majority Stake in Flowbird

August 10, 2021

Transportation

Funds advised by Searchlight Capital Partners have entered into exclusive negotiations to acquire Flowbird from sellers Astorg and Mellby Gård. The deal would make Searchlight the new majority shareholder as it supports Flowbird's shift toward a tech-enabled software and payments platform and pursues further M&A to accelerate growth.