Q2 gaming M&A deal value rises to $6.2B thanks to Scopely, Rovio | Drake Star

According to Drake Star’s Global Gaming Market Report for Q2 2023, the gaming industry continues to trend towards early stage funding and M&A transactions. While the report details modest declines in private financing, financing activity in general still healthy according to Michael Metzger, partner at Drake Star.

“There are more gaming investors out there than ever,” Metzger said in an interview with GamesBeat. “Everybody’s still more selective than last year or the specifically the year before, but the number of funds focused on the sector is a positive indication of the opportunities.”