Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Hugo Games A/S acquires US based game developer 5th Planet Games
September 14, 2018

Danish Hugo Games is in the process of acquiring the Sacramento-based game developer 5th Planet Games. The price of acquiring 5th Planet Games will be approximately USD 1.2m. The acquired company have had a revenue stream of between USD 60,000 and USD 80,000 a month in 2018. That's approximately twice as much as the current Hugo Games revenue, which means that Hugo Games' current revenue will triple in size when merged with 5th Planet Games.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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