M&A Transactions
Round Hill Music / Concord Music: The company was acquired by Concord Music, via its financial sponsor Great Mountain Partners, through a $470 million public-to-private LBO on October 31, 2023. Round Hill Music Royalty Fund Ltd is dedicated to investments in revenue generating music copyright assets.
System ERA Softworks / Devolver Digital: The company was acquired by Devolver Digital for $40 million on November 1, 2023. The company is a developer of video games based in Seattle, Washington.
BigShots Golf / TopGolf Callaway Brands: The company, a subsidiary of Invited, was acquired by TopGolf Callaway Brands for $29 million on November 1, 2023. The company offers a full service golf gaming and entertainment expereince.
Digital Eclipse / Atari: The company reached a definitive agreement to be acquired by Atari for $20 million on October 31, 2023. The company preserves video games by porting 8-bit games to multiple platforms like consoles and PCs.
Interval / Meter: The company was acquired by Meter for an undisclosed amount on November 2, 2023. The company is a developer of backend internal tools designed to help developers build user interfaces, without the need for frontend code or API endpoints.
iSIZE / Sony Interactive Entertainment: The company was acquired by Sony Interactive Entertainment, a subsidiary of Sony, for an undisclosed amount on November 2, 2023. The company is an operator of a deep-tech company intended to enhance video streaming with advanced machine learning.
Movers+Shakers / Stagwell: The company was acquired by Stagwell through an LBO on November 2, 2023 for an undisclosed amount. The company is an operator of a creative agency intended to connect brands to culture through social media marketing and content creation.
Multiverse Media / SpaceNews: The company was acquired by SpaceNews, via its financial sponsor Pocket Ventures, through an LBO on October 31, 2023 for an undisclosed amount. The company is an operator of an integrated media company focused on space exploration, science and technology.
Status / ClientSuccess: The company was acquired by ClientSuccess for an undisclosed amount on November 1, 2023. The company is a developer of a project management platform designed to automate repetitious or manual onboarding tasks.
Wundermachine / Jelly Entertainment: The company was acquired by Jelly Entertainment for an undisclosed amount on November 2, 2023. The company is a developer of online casino software specializing in mini-games and customized game creation.
Quadrille / Inverto: The company was acquired by Inverto in October 2023. Quadrille Ingénierie is a French software and services provider of secure over-the-air content delivery.
Source: Pitchbook Data, Inc.
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