Drake Star Partners has the deal activity in gaming for Q2 2024.
Drake Star Partners has the deal activity in gaming for Q2 2024.
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Game M&A was up in Q2 while private game investments focus on early stage | Drake Star

  • Posted byby Dean Takahashi
  • Updated
  • 7 min

Gaming acquisitions and public market deals continued to gain momentum in second quarter of 2024 as the market gradually gets better, according to Drake Star Partners.

With 52 announced M&A deals and $3.5 billion in disclosed deal value, Q2 was the third straight quarter of continued increase in deal activity that bottomed out in Q3’23 (with just 33 deals), said Michael Metzger, partner at investment bank Drake Star Partners, in an interview with GamesBeat.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.