Nazara will acquire 100% of the company and its IP from existing shareholders in an all-cash transaction.
WildWorks revenue was US$13.8 million in CY21, US$5.8 million in H1CY22 and EBITDA was US$3.1 million in CY21 and US$1.6 million in H1CY22.
Founded in 2003, WildWorks is one of the most successful and established game studios focused on the 8-12 year old kids market and is the #1 grossing app in its category. Over the past decade, Wildworks mobile his app has attracted more than 150 million of his players. As a result of today’s deal, WildWorks is expected to expand into new products and territories in his 2023 and beyond. Two of his original founders, CEO Clark Stacy and his COO Jeff Amis, will remain in their current roles and lead the next phase of growth as part of the Friends of Nazara network.
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