Ubisoft is said to be being targeted and requested by private equity firms outside the industry, not PlayStation or Xbox.
Industry acquisitions are happening faster than ever as both Microsoft and Sony are looking to make smart investments and expand their game offerings. With the acquisition of companies including Activision Blizzard, ZeniMax Media, Bungie, etc., it is difficult to say if any remaining companies are not at risk of being acquired. Combined with that enigmatic question, a new report indicates that Ubisoft is currently being offered acquisition offers.
A report from Bloomberg claims that Ubisoft is in a state of being described as “interested in acquisition” by various sources. However, these sources are quite surprising to be private equity firms rather than established organizations in the video game industry like PlayStation and Xbox. The two companies referred to as Blackstone Inc. and KKR & Co. No potential acquisition is said to be nearing completion, but that is likely to change in the near future.
Blackstone has been one of the largest investors in leveraged buyouts over the past 30 years, with the company’s assets recently valued at more than $880 million. Its investments range from the Bellagio resort in Las Vegas, a majority stake in Spanx, Ancestry.com, to investments in Swedish oat milk company OFast. KKR also has a similarly diversified investment profile that spans real estate, hedge funds and media. However, neither of them have delved into the video game industry before.
Ubisoft has been embroiled in various controversies over the past few years around issues of discrimination and sexual abuse. As a result, Ubisoft’s stock value has plummeted, becoming an attractive target for investment companies. Ubisoft President Yves Guillemot currently holds 15% of the company’s shares and is the largest and only investor, which was once considered to be the reason why Ubisoft was so easily taken over by hostile companies in the past. past.
Acquisition efforts are currently in the early stages, with both Blackstone and KKR currently studying whether acquiring Ubisoft is the logical move. Furthermore, Ubisoft is said to have not entered into “serious negotiations” with any company regarding potential acquisitions at this time. It is also possible that at this point Ubisoft is not interested in selling the company.
As we’ve seen events in the gaming industry over the past few years, it’s hard to say anything. The acquisition of Activision Blizzard, which is admittedly still incomplete, has shaken the entire industry. If the opportunity to acquire Ubisoft emerges, it should come as no surprise that companies around the world will be targeting, whether they are video game companies or private equity firms.
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