2022年第一季度全球游戏行业报告

+DRAKESTARGLOBAL GAMINGREPORT Q1 2022PARISIMUNICHIBERLINIGENEVATDUBAIISINGAPORELOSANGELESISANFRANCISCONEWYORKLONDON+DRAKESTAR PROVENTRACKRECORDINGAMINGM&AANDGROWTHFINANCINGADVISORYanimFIREFLYLIGHTSTREAMECHTKARL1CODEMASTEREDEVOLVERCSINVESTORSVITECzyngaCONTACTTHEGAMINGDEALTEAMMICHAELMETZGER inPARTNERILOSANGELESFreshPlanetelgato CBLASTnWayHEARST(srporutisw-13106964011owerRangersmicheal.metzger@drakestar.comALETDCORSAIRCREANDUI*IGNvivendiMAK1.VCMOHITPAREEKinPRINCIFA_ILOSANGELES90+13106964006OUCAaerias@chillingomohit.oareekmdracestarcomJUMPSTARTWGTMEDIARAZERGameponATOPCOLFNDSONYNt:i Sars*DRAKESTARwww.orekestar.co2 RECORDDEALACTIVITYINGAMINGANDESPORTS!Q12022HIGHLIGHTS2022Q1Deal Value ($B)2022Q1DealCount2022 started thie year with a bang, already surpassing the full yeer 2021 ceal value wilh amassive #98.7B in total velue of snnounced and / or closed desls for Q1°223.42.714+Massive ndustry consolidation with $g2.6M in M&.A activity εcross PC / console, mcbile sndesports, inclucing acquis tio1 of Activision by Microsoft, Zynga by Take-Two, Bungie by Sonyand ESL, by Savvy Cemes / PIFM&A98+ VCs and strategics invested $3.4B in private cornpanies through 267 deals, a racord-breakingquarter tor number ot deals completed. Large rou nds were raisec by Dream G smes,thiatgamecompany, Tripledot, and Zupee while the most active VCs included Eitkraft,= PPSequcla, Makers Fund and Grftin Gaming$1.2B wss rsised by private blockchain / NFT gsming compan es with the lsrgest ro.Jnds92.6 Publicraised by Anirnoca Drands, Imnutable, and New Sin City, while the nost active investorsMarkets287Wwere Animcc Brends, Alsmeds Resesrch / FTX, snd Shime CapitalRecord n umber cf new and follow-on funds focused on gaming and crypto space, includir gFTX's $7R fund, Grifin G aming Partners $75CM fund Makers’ $50M fund, H ro Capital's$340M func, Cumi Crypto $110M and meny moreMAJORCONSOLIDATIONINQ1$98.7BACTIVISION.$68.9BMicrosoftBUNGIE$3.6B$32.7B$85.4BSONY05Deals1,159 Deals387DealsAzynga$12.7BDESL$1.5BFACEIT20202021Q12022+DRAKESTAR/ww.crekesta*.comE. GAMINGKEYHEADLINES:Q12O22Microsoft announced the 368.9B scquisition of Activision, knowi for its Cal of Duty, Destiny, Diablo and WoW franchisesTake-Two Interaclive arinounced plans to acquire Zynga, a leader in the irteractive and mobile gntertainment in dustry, forMicrosoftSONYM&A$11.88Scny announced its 33 6 acquisition of Eungie, premier in dependent develocer and cretor of the Destiny franchiseTencentESL Gamins anid FACEIT, tvo independent gsports cornpan es, announced :hat they will be acquired by Savvy Gam insSTILLFRONTGroup tor a combined ±1.5HSROUTencent snnounced its acquisition of Bleck Sherk, a Chinese- bssed developer of gaming focused mobile devices, forEMBRACER*$470M12Stilftront snnounced its completed acqu sitior at Bwaves, a Hong Kong-based mobile pl.bl shing company, tor an uptrontGROUPpurchase price of $201MAnirnoca Erands raisec $359M at a E5.4E valualion in a rour d led by Liberly City Venlures with perticipaltion frermn KingswaySequoia, 10T Holdings, and othersFundraisingdreamDream Gemes raised $255M at 8 2.BB valuation in a Series C led by Index Ventures end backed by Mekers FundBlackRock, Kora Management, IVP, and Bialde-ton CapitalImmutsble raised a $200M Series C at a 2 5 valustion, led by Temasek ard backed by An moca Brands, Tencent, andthatgamecompanyot16rsThatgamecompany raised 160M in a round led by TPG and its $1.5B Tech Adjacencies fundzupeeIMMUTABLETripledot Studios raised $11EM at s S1.4B valuation in a Series B led by The Twenty Minute VCZupee rsised $102M st s $600M vslustion in Senies B led by WestCsp Croup, Nepesn Cspitsl, Smile Croup, snd TomslestripledotBay Capil,alPublicAzerion ccmpleted its S1.5R SPAC dea with European FinTech IPO Ccmpany 1, raising $105M o procedsNEXONMarketsNexon anniounced the corrpletion of a SRR3M PIPE frorn The Public Imvestrront Fund of The Kirigdorr1 of Sau di Arabia国Team17 Digital ccmpleted a S1nRM PIPE with most funds being allocated tovards the Astragon Entertainment acquisitionazerionteam17+-DRAKE STAR GAMINGM&ATRANSACTIONS&VALUATIONS86DEALSANNOUNCED/CLOSEDANDS93BINDISCLOSEDDEALACTIVITYQI2O22#OFDEALSBYSEGMENTQ1'22DEALVALUE(SB) BY SEGMENT Q1'22Value ($B)$85 PC/ConsoleACTVSiO!27= MobilS12.= Platforrm120 Hardwsre/Tools Esports$72.9zynga687582;M&ADEALVALUATION/MULTIPLES3563Apr2021Mar2022All Segments8282 /98zehiMax'# of announced and or closed Deals /# of Disclosed DealsDlsclosed Deal Value ($B)$105.5BUNGIERevenue Multiple (Median)PicciTotal Value (41 deals with reported Revenue)(1)3.5xAt Close (31 deals with reported Revenue)(2)2.5xEBITDA Multiple (Median)Q220Q320Q420Q121Q221Q321Q421Q122Total Value (20 deals with reported EBITDA)(t)12.8xAt Close (15 deals with reported EBITDA)(2)8.9xSoh: DaineiR tette 1ori: Fitcatsizmn 1f+DRAKESTARww.crekesta.co GAMINGM&ATRANSACTIONS: Q12O22TOP15ANNOUNCEDDEALSTARGETDATEDEALSIZEUPFRONTTOTALLTMATCLOSETOTALLTMATCLOSEACQUIRERSEGMENTEARNOUTREVLTMREVEBITDALTMEBITDATARGET($M)(CASH+EQUITY)MULTIPLETMULTIPLE(2