XR and Gaming development studio and IP owner with huge clients and Licences based in California
An immersive experience and game development studio and IP owner who are looking to explore a sale of their business.
The company’s business model has 3 core drivers:
1) The development studio, which combines design, art and programming to produce high quality digital and XR experiences, typically as part of an activation campaign for a key IP owner such as Disney, Mattel, Snap etc.
2) The company has signed a licensing deal with one of the largest sporting associations in the US to produce multiple games on the roblox platform. This includes a revenue and royalty sharing model. This has been a catalyst for a number of promising conversations to offer the same, including a number of the other major sporting associations.
3) In 2023, the company pivoted its team to invest in producing its own IP titles and created a top 100 ranked game and generated 45+ million visits. The company has since created 5 other titles.
Key Figures
Status:
Live
Asking Price:
$1,000,000
Revenue:
$1,534,961
EBITDA:
$580,419
EBITDA Multiple:
1.70x
Year Established:
2000
Location:
California, USA
Revenue (USD)
EBITDA (USD)
Revenue Source (%)
Retainer: 0.00%
Project: 100.00%
Service Source (%)
VR / AR development: 50%
e-Gaming: 50%
Client Profile (%)
B2B: 100.00%
B2C: 0.00%
Industries Served (%)
Entertainment: 100%
Additional Information
1. Highly experienced team: The core team have worked on over 1000 titles together and have become industry leading. Key capabilities include: XR, Mobile, HTML-5 and Unity. The design, art and programming team have had numerous years together and now work seamlessly.
2. Access to most key IP owners: The company has strong working relationships with the likes of Disney, NFL, NBA, Dreamworks, Tetri, Warner Brothers, Mattel, Hasbro etc. A buyer who can offer services to these major IP owners will be a great fit for this acquisition.
3. Huge upside potential with publishing: The licensed IP and fully owned IP titles are at its infancy, having been part of the pivot in 2023. There is a huge opportunity to monetise and grow these assets.
Management team ready to take the next challenge: The owner would like to remain within the business to see the company achieve new height with a partners company
The Process
1
Sign NDA
Thank you for signing our NDA, we're excited to share this information with you!
2
Review Materials
We'll share marketing materials about the seller's business for your review
3
Meet Our Team
We'll be speaking with potential buyers (you included) on behalf of our sellers to answer questions, discuss the fit and outline the process
4
Meet the Seller
We're here to introduce our sellers to potential buyers. These calls are an open format for buyers to ask questions about the business and for sellers to familiarise themselves with the potential buyer and the cultural fit for their team
5
Submit an LOI
Taking this opportunity to the next step, a buyer shares their proposed transaction structure and it is shared with the seller.
6
Due Diligence
The selected buyer now has access for a full analysis of the sellers' business to finalise the transaction.
7
Closing
All agreements are signed and funds are transferred. Congratulations!