SAN FRANCISCO, CA - 12/15/2017 (PRESS RELEASE JET)
Enter Capital, an investment and M&A advisory firm with a focus on international technology companies, is pleased to announce its role as an exclusive M&A Advisor to Sperasoft, Inc. headquartered in San Jose, California on its sale to Keywords Studios Plc (LSE:KWS), UK.
Sperasoft is a leading Game and IT development company with offices in the USA, Poland, and Russia. The company mainly serves Fortune 500-1,000 video gaming publishers and developers. Sperasoft's clients include Electronic Arts, Ubisoft, Riot Games, Warner Brothers and Sony among others. Recent titles include Mass Effect Andromeda, League of Legends, Star Wars Battlefront, Kill Strain, Quantum Break, Immortals, Injustice Gods Among Us, and Assassin Creed Origins.
The deal consideration of $27 million includes $22 million in cash ($1 million deferred) and $5 million in stocks. A valuation multiple for Deal consideration to adjusted EBITDA for 2017 is estimated at 13.5x., which is an outstanding result for the industry. The transaction challenges included Sperasoft international presence and a cross-border nature. It was an exciting adventure to develop an exit strategy, select strategic acquirers and run the M&A process for the top-notch player in the IT and Game Development industry.
Enter Capital's M&A department is focused on supporting IT consulting and engineering companies on the sell- and - buy-side engagements. If you are interested in learning more, please send us an email at email@example.com to schedule a meeting or a phone call.
Andrew Ponomarev and Elena Nosova
Co-founders of Enter Capital
75 Broadway, San Francisco, CA 94111
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