At what enterprise value was SCIPLAY CORPORATION acquired in 2023?

During the acquisition of SCIPLAY CORPORATION by LIGHT & WONDER in 2023, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b USD.

What was the EV/EBITDA of SCIPLAY CORPORATION when it was acquired by LIGHT & WONDER?

The estimated EV/EBITDA multiple for SCIPLAY CORPORATION is in the range of 10x - 18x.

When was SCIPLAY CORPORATION acquired by LIGHT & WONDER?

SCIPLAY CORPORATION was acquired by LIGHT & WONDER in 2023.

What was the revenue of SCIPLAY CORPORATION at the time of the deal?

The revenue of SCIPLAY CORPORATION at the time of the deal is estimated to be in the range of 450M - 900M USD.

What was the EBITDA of SCIPLAY CORPORATION during the acquisition?

SCIPLAY CORPORATION's EBITDA is estimated to be in the range of 100M - 200M USD.

How is the data for the SCIPLAY CORPORATION 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 SCIPLAY CORPORATION 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://www.cravath.com/news-insights/light-and-wonders-acquisition-of-the-remaining-public-shares-of-sciplay.html

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Home Database TMT (Tech, Media, Telecom)SCIPLAY CORPORATION

05/2023

SCIPLAY CORPORATION acquired by LIGHT & WONDER

UNITED STATES Software / Gaming & Consumer Apps EV 1b - 4b USD

Context

Light & Wonder has entered into a definitive agreement to acquire SciPlay Corporation. This transaction results in the full integration of SciPlay as a wholly-owned subsidiary, leading to the delisting of SciPlay from the Nasdaq Global Select Market. The acquisition is intended to streamline the organizational structure of Light & Wonder, providing the necessary operational and financial strength to accelerate the company’s cross-platform strategy. By moving to 100% ownership, the firm expects to drive improved collaboration between teams, facilitating the development and deployment of engaging games across both digital and land-based platforms. This unified approach is designed to create a more seamless and best-in-class player experience. The move represents a consolidation of high-growth digital assets into the parent platform, signaling a broader industry trend where traditional gaming giants are aggressively integrating digital and mobile gaming developers to capture higher user engagement and recurring revenue.

SCIPLAY CORPORATION, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.3x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

SciPlay is a prominent developer and publisher of digital games, specifically focused on the mobile and web platforms. The company specializes in creating engaging, social casino-style gaming experiences that attract a broad, highly active user base. By leveraging data-driven design and continuous game optimization, SciPlay has cultivated a reputation for market outperformance and operational excellence in the free-to-play mobile gaming sector. The company’s core business model is built around high-retention gameplay, monetization via in-game purchases, and constant product updates that drive user engagement. Their strategic focus encompasses not only game development but also the deployment of robust backend infrastructure that supports real-time performance analytics and personalized player experiences at scale. As a specialist in the digital gaming space, SciPlay serves as a critical component in the broader entertainment landscape, providing sustainable, recurring revenue streams through their diversified portfolio of titles.

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2021

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REFERENCES

Valuation range: EV 1b - 4b USD

Revenue range: 450M - 900M USD

EBITDA range: 100M - 200M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SCIPLAY CORPORATION by LIGHT & WONDER 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.

Target: sciplay corporation

Acquirer: light & wonder