Green Panda Games has been sold to Ubisoft
Founded in 2013 by Guillaume Sztejnberg (CEO), Green Panda Games (GPG) is a leading mobile games publisher specializing in hyper-casual games on iOS and Android. Since its inception, it has launched more than 55 games, downloaded by some 85 million players worldwide. To date, the company has more than 30 highly-talented employees over 2 sites in France and Ukraine. GPG has developed unique data-driven, fast-iterative processes as well as an undisputed expertise in both user acquisition and ad monetization strategies, ensuring strong and profitable growth.
This acquisition strengthens Ubisoft’s position in the hyper-casual market, particularly within the idle games segment. Bringing Green Panda Games into the Group fits seamlessly with their aim of offering a diversified and high-quality line-up of mobile games to an ever-wider audience.
Guillaume Sztejnberg, CEO of Green Panda Games, commented:
“We are delighted to be coming on board with Ubisoft and are looking forward to continue developing our games portfolio within a group that is in the full throes of expansion. The team and I really enjoyed working with the Lincoln team on this transaction that will push forward the hyper casual segment in the mobile gaming industry.”
François Carlot, Managing Director at Lincoln International, added:
“Congratulations to both the Green Panda Games and Ubisoft teams on this transaction that highlights the perfect combination of complementary talents and business models to raise the bar to a new level for mobile gaming. We are thrilled to have helped deliver a positive outcome leading to a landmark transaction in the Gaming industry.”
Lincoln International acted as the exclusive sell-side advisor to Green Panda Games’ shareholders throughout the sale process, providing advisory expertise and supporting the negotiation in the transaction.
Lincoln’s specific knowledge of the gaming industry and deep industry relationships globally were instrumental during the process and contributed to the success of this transaction.
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