Mobile gaming company Voodoo acquires Beach Bum

Mobile gaming company Voodoo acquires Beach Bum

3 years ago
Anonymous $WHrWmjSJBZ

https://techcrunch.com/2021/09/30/mobile-gaming-company-voodoo-acquires-beach-bum/

French startup Voodoo has made a significant acquisition in the casual mobile gaming market. The company is acquiring Beach Bum, a game studio based in Israel and specialized in tabletop and card games.

It’s hard to get a clear number for this acquisition as Voodoo is offering both cash and shares and there are some retention bonuses. According to a source, Voodoo could be paying a few hundred millions of dollars in total. Beach Bum has generated $70 million in revenue over the past 12 months, so that gives you an idea of the size of the deal.

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