Assassin’s Creed Maker Ubisoft attracts the attention of private equity investors

Venture capitalists attack Ubisoft, a publisher in difficulty.

Photograph: Ubisoft

Venture capitalists may start revolving around Ubisoft, Bloomberg mentioned Friday. Negotiations have progressed, but include interest from companies such as Blackstone Inc. and KKR & Co. Even if it is not a capital investment, current and former Ubisoft developers Kotaku I’ve been talking in recent months to anyone who thinks the company will end up selling to someone in the middle of a stock price drop and Production battles continue.

Bloomberg Reports show that Blackstone and KKR & Co. , the world ‘s two largest private equity firms, “are exploring the French business” and had an “initial acquisition interest” in Ubisoft, but the company had not yet begun “serious negotiations with potential buyers”.

to me KotakuFrom their sources, Ubisoft has worked closely with a number of external consulting firms in recent years to audit various parts of their business. While companies are doing this to become more profitable and prepare for the future, sources do Kotaku The one I spoke to suggests that it is a brand that Ubisoft is trying to make its book available for sale.

After recent major game acquisitions that include Grand Theft Auto Take-Two Editor buy ZyngaSony buy BungieMicrosoft contract worth $ 69 billion Activision Blizzard AbsorberIt seems like it’s a joke to eat or to be left to eat. Similarly, EA CEO Andrew Wilson said in a conference call earlier this year that the FIFA publisher has firmly placed FIFA in a “big fish who want to eat other fish” camp.

Ubisoft has been more brazen in its survival strategy. When asked in a recent earnings call why the French publisher did not appear to have received any benefits, CFO Frederic Duguet said he did not intend to speculate on why no bids were made until he was corrected by CEO and co-founder Yves Guillemot.. company, Guillemot emphasized it was not Confirmation or denial “And if” Potential buyers are approaching them.

The actors in Beyond Good and Evil 2 are still waiting for the game to come out.

Beyond Good and Evil 2 He has been leaking money and MIA for years.
Photograph: Ubisoft

If someone wants to buy Ubisoft, they will probably get it at a big discount. The share was over $ 24 per share In July 2018. It’s now under $ 9, but they still have to go through the Guillemot family, which currently accounts for an estimated 15% of the business and has a market value of just under $ 5 billion.

Best known for its CEO Yves Guillemot Fight off a hostile takeover attempt French media group Vivendi after receiving funding from Tencent and others in 2018. But some of the company’s current and former sources now believe the 35-year-old video game veteran may be looking for an exit strategy.

they show your son’s departure Charlie Guillemot last year As a result, relatives were not left to take over the family business. UbisHe often had a heart attack continuous wave of friction Among the greatest talents. Continue the struggle a Report on sexual abuse in the workplace which began in the summer of 2020. Some of their biggest projects still face disruptions, delays, or are stuck in development hell.

How Bloomberg was announced in FebruaryUbisoft decided to convert one of them Assassin’s Creed ValhallaThe downloadable content is designed to be a temporary standalone game that will help fix gaps in its release schedule over the next 18 months. In the meantime the next day distant cryAND Ghost Reconand fully qualified Doctrine Killer The games go much further than Ubisoft had previously planned, according to three sources familiar with their development.

When a Ubisoft spokesperson was asked to comment, he sent Kotaku The following statement:

We do not comment on rumors or speculation. Ubisoft has unparalleled creativity and productivity, and more than 20,000 talented people collaborate in our global game development studios. Thanks to them, our long-term approach and our creative willingness to take risks, we have built the strongest private brands in the industry and we have many promising new brands and companies on the horizon. We also have one of the deepest and most diverse portfolios in the industry, cutting-edge services and technologies, and a large and growing community of players involved. As a result, we have the ideal opportunity to take advantage of the industry’s rapid growth and the emerging platform opportunities that are now emerging.

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