Games industry deal value hits $6.2bn in Q2 2025
| Date | Type | Companies Involved | Key Datapoint |
|---|---|---|---|
| Jul 14, 2025 | report | Aream & Co | M&A hits $6.2bn in Q2 |
Public market gains and two major acquisitions drove industry deal value to $6.2 billion in Q2 2025.
That's according to a new report from investment firm Aream & Co which showed that private investment remained sluggish, with just $400 million deployed across 83 deals.
Mobile led transaction volume as H1 2025 saw 82 deals across platforms worth $9.5bn. This marks a 144% year-over-year increase and the highest half-year total since the pandemic.
The quarter’s standout deals included Scopely’s $3.5bn acquisition of Niantic’s games division and a private equity-led investment in Dream Games.
Industry growth
On the consumer side, mobile revenue held steady at around $20bn quarterly despite falling downloads.
Capital markets also remained active, with $4.2bn raised through public offerings, led by GameStop and Take-Two.
Take-Two Interactive has proposed a $1bn public stock offering, with the option to raise an additional $150m.
GameStop also revealed plans to raise over $2bn through debt, while Embracer intends to spin off Coffee Stain Group, and Discord is in late-stage talks with banks for a potential IPO.
The report also found that AI-powered gaming startups surpassed $2bn in funding, while Turkey strengthened its position as a top mobile games hub.
You can access the full report here.
Companies
