Gaming M&A activity in Q1 2024 outpaces all quarters in 2023 | Drake Star

Financing for gaming companies is on an upward trend for the first quarter of 2024 according to Drake Star Partners. Both mergers and acquisitions (M&A) transactions and private placements saw modest gains in Q1 2024.

“After a long decline from over 80 deals back in Q3 2022, it seems we’re like on an uptick again with 47 M&A deals. It’s a modest uptick, but at least an uptick on the M&A side and very similar if you look at the financing side,” said Michael Metzger, managing partner, media & tech investment banking at Drake Star Partners. “There’s obviously still a lot of challenges out there, but I think both of these developments are pretty exciting.”