Adding to Keywords’ US$50m acquisition of High Voltage Software earlier in the week, it has announced a further two smaller acquisitions: Indigo Pearl, a UK PR agency specialising in the video games sector, and Jinglebell, a Milan-based studio that provides audio recording, music production and sound design for video games and advertising. Keywords is to pay up to £2m for Indigo Pearl, 1.1x FY20e revenues and 7.1x FY20e adjusted EBITDA, and up to €1.8m for Jinglebell, equating to 0.9x FY20e reve ....
17 Dec 2020
Keywords Studios - Rounding-off the year with an M&A flurry
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Keywords Studios - Rounding-off the year with an M&A flurry
Keywords Studios plc (KWS:LON) | 1,335 0 0.0% | Mkt Cap: 1,062m
- Published:
17 Dec 2020 -
Author:
Richard Williamson -
Pages:
2
Adding to Keywords’ US$50m acquisition of High Voltage Software earlier in the week, it has announced a further two smaller acquisitions: Indigo Pearl, a UK PR agency specialising in the video games sector, and Jinglebell, a Milan-based studio that provides audio recording, music production and sound design for video games and advertising. Keywords is to pay up to £2m for Indigo Pearl, 1.1x FY20e revenues and 7.1x FY20e adjusted EBITDA, and up to €1.8m for Jinglebell, equating to 0.9x FY20e reve ....