At what enterprise value was PLAYDIGIOUS acquired in 2025?

During the acquisition of PLAYDIGIOUS by GRIFFIN GAMING PARTNERS in 2025, the transaction's Enterprise Value is estimated to be in the range of 10M - 30M EUR.

What was the EV/EBITDA of PLAYDIGIOUS when it was acquired by GRIFFIN GAMING PARTNERS?

The estimated EV/EBITDA multiple for PLAYDIGIOUS is in the range of 15x - 25x.

When was PLAYDIGIOUS acquired by GRIFFIN GAMING PARTNERS?

PLAYDIGIOUS was acquired by GRIFFIN GAMING PARTNERS in 2025.

What was the revenue of PLAYDIGIOUS at the time of the deal?

The revenue of PLAYDIGIOUS at the time of the deal is estimated to be in the range of 5M - 25M EUR.

What was the EBITDA of PLAYDIGIOUS during the acquisition?

PLAYDIGIOUS's EBITDA is estimated to be in the range of 0M - 5M EUR.

How is the data for the PLAYDIGIOUS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the PLAYDIGIOUS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://playdigious.com/griffin-gaming-partners-acquires-playdigious-the-market-leader-in-mobile-adaptations-of-acclaimed-indie-games/

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Home Database TMT (Tech, Media, Telecom)PLAYDIGIOUS

10/2025

PLAYDIGIOUS acquired by GRIFFIN GAMING PARTNERS

FRANCE Software / Gaming & Consumer Apps EV 10M - 30M EUR

Context

Griffin Gaming Partners acquired 100% of the assets and publishing rights of Playdigious from Fragbite Group. The transaction represents a significant "pavillon" shift from Swedish to American ownership and serves as Griffin's inaugural buyout deal. The strategic rationale centers on integrating Europe’s premier mobile porting service into Griffin's vast ecosystem to unlock global expansion opportunities for indie developers. Post-acquisition, the founding team—including Xavier Liard and Romain Tisserand—will remain to lead the business, while Griffin Operating Partner Tim Bender (CEO of Hooded Horse) has been appointed President to oversee strategic partnerships and scale the company’s porting capabilities.

In the past, Playdigious was acquired by Fragbite Group in 2021 as part of its expansion strategy.

PLAYDIGIOUS, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a level the average currently observed in the TMT (Tech, Media, Telecom) sector (15.3x).

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Target

Founded in 2015, Playdigious is the global market leader in adapting acclaimed indie PC and console titles for mobile platforms. The studio is renowned for its high-quality "porting" services, having successfully brought hits like Dead Cells, Northgard, Little Nightmares, and TMNT: Shredder’s Revenge to mobile audiences, including specialized releases for Netflix Games. With a track record of over 30 titles and multiple industry accolades—such as the Pégases Award for Best Mobile Game—the firm manages the entire lifecycle of a mobile adaptation, from technical development to global publishing.

Ent. Value

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Historical Financials (EUR)

Year

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2025

2024

Other operations with PLAYDIGIOUS

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
06/2021	FRAGBITE GROUP	PLAYDIGIOUS	FRANCE	Gaming & Consumer Apps

REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PLAYDIGIOUS by GRIFFIN GAMING PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: griffin gaming partners