Mediatonic’s Exit to Epic
Background
Mediatonic’s Fall Guys became the most successful Playstation Plus game and best PC launch (selling over 7 million units in less than three weeks). As a result, the business received inbound acquisition offers from some of the largest and most prestigious games companies in the world.
Our Role
Over a year ahead of the game launch, we started systematically reviewing and improving all information which would be requested as part of the due diligence process. We subsequently led the sale process, from initial offers through the ultimate sale to Epic Games.
Result
Not only did we successfully navigate the due diligence process without any impact on price, we were able to accelerate the process from signing the Heads of Terms to Completion in two months, which is largely unprecedented given the size and complexity of the deal.
Steve and Felix helped our companies to scale following a large private equity investment from Synova Capital. They are outstandingly competent, driven and detailed, but also good natured and highly trustworthy people to have on the team. They both love what they do, and this makes working with them a pleasure.
When it came to the acquisition of our companies by Epic Games, Steve & Felix were incredible partners. They ploughed through the due diligence process, were always prepared to answer any questions with clarity and accuracy and made everyone feel assured that the business was well managed. I can wholeheartedly recommend Steve and Felix to any video games company thinking about M&A or fundraising in the future.
Dave Bailey - CEODD
