Founded in County Dublin, Keywords Studios has helped develop software for best-selling games like Fortnite, Assassin’s Creed and League of Legends. The company, initially a business-software firm in 1998, pivoted to the video game sector in the early 2000s.
EQT, established in 1994 with investments from Sweden’s prominent Wallenberg family, plans to take Keywords Studios private in another example of UK companies being acquired by foreign buyers seeking bargains on London’s public markets.
EQT intends to provide additional capital to fuel Keywords’ growth through mergers and acquisitions, enhancing the company’s global reach.
Source: Private Equity Wire
Can’t stop reading? Read more
US Pipeline Operator ONEOK Inks Two Deals for $5.9 Billion
US pipeline operator ONEOK Inc. agreed to buy a Permian Basin rival and a controlling stake in...
Blackstone Is Said to Seek A$5.5 Billion Loan for AirTrunk Bid
Private equity firm Blackstone Inc. is in discussions with banks for a five-year loan of about...
Thrive Capital to lead multi-billion dollar OpenAI investment round at $100bn valuation
OpenAI, the company behind the popular AI tool ChatGPT, is in advanced talks to secure several...