If you would like to read more about Q1 2025 games investments and M&As, click here 👉 ddm.agency/GIRQ125

Q1's significant decline in reported M&A value is due to a high proportion of M&A transactions that did not disclose values (44 out of 55 deals or 80%), which is 13% higher than the historical quarterly average of 67% (5/6)

Q1 2025 M&As totaled $3.3B across 55 transactions (-34% in value and +53% in volume compared to Q4’s $5.1BM across 36 transactions) achieving the highest quarterly volume since Q4 2022 of 63 transactions (4/6)

Q1's achievement can be attributed to Infinite Reality’s $3.0B mid/late-staged investment from Sterling Select (67% of the quarter’s value) (3/6

Q1 2025 investments totaled $4.4B across 190 investments (+370% in value and -8% in volume compared to Q4’s $945.9M across 207 investments) achieving a 4.7x in value growth QoQ and the highest value since Q2 2022 of $6.1B (2/6)

If you would like to learn more about game developer investments or M&As in 2024, click here 👉 ddm.agency/DEV2024

Of the $9.9B across 812 M&A deals in 2024, game developers accounted for $6.4B across 91 transactions (representing 65% of the total value and 53% of the deal volume), marginally below the historical M&A volume percentage of 55% (4/5)

Since 2019, game developer investments by volume percentage have increased year-over-year from 49% to a record 71%, which marked the highest ever recorded across 17+ years of data (3/5)

Of the $7.7B invested across 812 deals in 2024, game developers accounted for $4.4B across 580 investments (representing 57% of the total value and 71% of the volume) (2/5)

Get the Q4 report on video game investments and M&As here 👉 www.ddmagency.com/games-invest...

Download our free Q4 2024 Games Investment Executive Summary or purchase the standalone single report with quarterly transaction tables and data for $399 here 👉https://www.ddmagency.com/games-investment-reports/

Read more here 👉 ddm.agency/GIR2024I

2024 investments totaled $7.7B across 812 investments (+68% in value and +18% in volume over 2023’s $4.6B over 691 investments); although investment values are -81% from 2021’s $41.4B, volume is bouncing back towards 2022’s record highs of 1001 investments (2/4)

If you'd like to learn more about the top active investors within #gaming for Q4 2024, click here 👉 ddm.agency/T5IQ424

As always, since announcements do not typically list the contribution breakdown by firm, we do not include a breakdown of how much is invested by each firm. Some transactions may be repeated if multiple firms invested in the same round for the company (2/3)

If you would like to get your hands on the Free DDM Games Investment Review Q4 2024 Report, click here👉 ddm.agency/LGIR424.

If you would like to download our Q4 2024 Games Investment Review Executive Summary, click here 👉 www.ddmagency.com/games-invest...