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Report27 pages
Global Sports Tech Market Report H1 2025
In the first half of 2025 the global sports-technology sector recorded approximately $52 billion in announced or closed transactions, underscoring a rapid acceleration of both merger-and-acquisition activity and capital raising.
- The global sports tech market reached a total deal value of $51.9 billion in H1 2025 across 503 announced or closed transactions.
- M&A activity dominated the sector with $32.2 billion in disclosed deal value across 233 deals, led by TSG Consumer’s $1.5 billion acquisition of EōS Fitness.
- Private placements hit a record $6.6 billion across 239 deals, highlighted by Infinite Reality raising $3 billion and DAZN securing $1.8 billion.
Drake Star PartnersJan 2025
Presentation15 pages
Acquisition of Candywriter
Stillfront Group AB outlines the strategic acquisition of Candywriter, LLC, a Miami-based mobile game developer, in a presentation dated April 23, 2020.
- Stillfront Group acquired Miami-based developer Candywriter for an initial consideration of USD 74.4 million, with a total potential valuation of USD 195 million including earn-outs based on EBIT performance through 2022.
- The acquisition is expected to boost Stillfront’s 2019 pro forma net revenues by 8% and adjusted EBIT by 11%.
- Candywriter reported USD 26 million in net revenue and USD 15 million in EBIT for 2019, driven primarily by its flagship title, BitLife, which accounted for 85% of its annual bookings.
StillfrontApr 2020
Report2 pages
Current Report No. 22/2022: Agreement on Termination of Production and Publishing Agreement
The report announces that on October 1, 2022, People Can Fly U.S., LLC and its parent PCF Group S.A. entered into a termination agreement with Take-Two Interactive Software, Inc., ending the 2020 production and publishing contract for Project Dagger.
- People Can Fly U.S., LLC and Take-Two Interactive Software, Inc. terminated their 2020 production and publishing agreement for Project Dagger, effective October 1, 2022.
- People Can Fly retains exclusive ownership of the Project Dagger intellectual property, as Take-Two did not exercise its option to acquire the rights and its license has expired.
- If People Can Fly self-publishes Project Dagger, they must pay royalties to Take-Two on a quarterly basis until a total of $20 million is repaid.
PCF Group