Dream Games Secures $2.5B Investment from CVC to Boost Global Expansion
- CVC Capital Partners led a $2.5 billion investment in Dream Games, with participation from Blackstone.
- The deal valued the Royal Match developer between $4 billion and $5 billion.
- Previous investors such as Balderton, Makers Fund, Index Ventures, and IVP fully exited their positions.
- Dream Games generated $1.5 billion in revenue in 2023 but reported a $130 million loss due to heavy marketing spend.
- The company launched Royal Kingdom with celebrity-driven campaigns and plans to expand globally with CVC’s backing.
Source: Financial Times