Expertise and game-focused non-public fairness agency Haveli Investments has introduced the acquisition of a minority curiosity in Match Masters developer Candivore for roughly $100 million.
Since its launch, Match Masters has been downloaded greater than 50 million occasions and generated over $300 million in income, thanks partially to its mixture of match3 and aggressive gameplay, internet hosting large-scale tournaments everywhere in the world.
Since its basis in 2022, Haveli has invested in recreation makers equivalent to London-based Omeda Studios and Lifeless by Daylight developer Behaviour Interactive.
Funding in new markets
“We’re thrilled to accomplice with Haveli,” mentioned Candivore CEO Gal Goldstein. “This funding provides us entry to capital, in addition to Haveli’s group of top-tier traders and working companions, enabling us to additional develop Match Masters in america and past and convey extra video games to market over time.”
“Candivore’s Match Masters is a transparent class chief with a quickly rising person base and a proficient, entrepreneurial management group,” mentioned Haveli Investments senior managing director Ophir Lupu. “We’re excited to accomplice with them on our first funding within the cell gaming area and look ahead to collaborating with Gal and the group at Candivore to capitalise on their success thus far and assist take the enterprise to new heights.”
“Candivore is a world class cell gaming studio, and we’re excited to accomplice with Gal and his proficient group,” added Haveli Investments principal Diwakar Rao. “Match Masters has efficiently mixed the favored match3 mechanic with a aggressive recreation play mode that makes it distinctive and enjoyable to play. With our skilled working accomplice community, we’re assured Haveli is effectively positioned to assist Candivore by its subsequent stage of progress and drive worth creation.”
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