Casual Connect is this week, from the 11-13 of August in San Francisco. It’s been an excellent year for game industry M&A, with strong acquisitions, but the pace of acquisitions has decreased this year. Why is that? Buyers have become picky, looking for value purchases and companies that have strong profitability and defensible earnings with revenue, platform and product diversification.
With the cost of acquisition skyrocketing, it’s harder than ever to profitably monetize user behavior within games. This has created ongoing challenges for small developers trying to build scale and even larger companies that pivot from one hit wonders to a multiple game and franchise strategy.
I’m excited to emcee the Business of Games section at Casual Connect, where I am also going to speak on the steps it would take to successfully position and sell your company and where I will also host a lively panel on Funding Sources For Game Development.
Are there deals to be made in today’s game M&A environment? Yes—Corum facilitating the sale of Digital Extremes to Leyou Technologies and Perfect World this year at $120M of Enterprise Value is just one example.
You can find my talk, panel and other very informative sessions at Casual Connect here.
See you in San Francisco!