Drake Star Sees Gaming M&A Activity Increase for Fourth Quarter in a Row and More Insights
M&A activity in the gaming sector has increased for the fourth consecutive quarter, with the two largest deals of the year being acquisitions by private equity firms, according to investment bank Drake Star in its Global Gaming Report Q3 2024. Activity is expected to continue to increase. Michael Metzger, Managing Partner, provides further insight.
Global technology investment bank Drake Star has released the Global Gaming Report Q3 2024, which analyses the quarter of 2024 for gaming and esports and outlines what to expect for the rest of the year and into 2025. For example, gaming M&A deal activity continued to rise for the fourth consecutive quarter, with $2.5 billion in disclosed deal value and a 70 per cent increase in the number of deals compared to Q3 last year.