Keywords Studios, a prominent player in the creative and technology-enabled services for the gaming industry, has entered into an acquisition agreement with Swedish investment firm EQT. The deal, valued at approximately £2.2 billion, is contingent upon approval from Keywords’ shareholders. This agreement entails a recommended cash acquisition at £2,450 per share, signaling a significant move for both companies involved.
Bertrand Bodson, CEO of Keywords Studios, expressed enthusiasm about the acquisition, highlighting the company’s robust growth and strategic partnerships with major gaming entities like Activision Blizzard, EA, Epic, and Square Enix. He emphasized the achievement of strong financial performance and the creation of substantial shareholder value under Keywords’ leadership.
The partnership with EQT represents a pivotal moment in Keywords’ trajectory, promising accelerated growth opportunities through both organic expansion and strategic mergers and acquisitions. Bodson noted EQT’s deep sector expertise and shared vision for advancing Keywords’ global footprint within the entertainment industry.
Established in 1998, Keywords Studios operates a vast network of over 70 facilities across 26 countries worldwide, spanning key regions such as Asia, Australia, the Americas, and Europe. The company’s board is confident in its future prospects, affirming that EQT supports Keywords’ existing strategic framework and management team.
Anticipated to conclude in the fourth quarter of 2024, the acquisition marks a transformative step for Keywords Studios, positioning it to reinforce its leadership in the global gaming services sector. The collaboration aims to build a distinctive integrated platform that enhances service delivery and client outcomes across diverse entertainment markets.
