Advisory Services

Game Studio M&A Advisory Services

Strategic M&A Advisory for Game Studios, Publishers, and Investors

Gaming is built on relationships, but successful transactions require more than the right connections.
A great studio is more than revenue and financial reports. Buyers look at your IP, player community, team, technology, and growth potential to understand what makes the business valuable.
Whether you're looking to acquire, sell, invest, or explore your options, Lunar Owl helps game studios, publishers, and investors navigate opportunities across the gaming industry.

Gaming M&A

Why Gaming M&A Is Different

Not all game studios are valued the same.
Two studios can generate similar revenue yet attract very different levels of buyer interest. One may own valuable intellectual property, have a loyal player base, or operate a successful live-service model. Another may face growth challenges or rely heavily on a single title.
Understanding these differences helps founders prepare for a transaction and gives buyers a clearer picture of long-term value.

01

Intellectual Property (IP)

Original IP and established franchises can significantly increase a studio's value.

02

Player Engagement

Strong retention and active communities often indicate long-term growth potential.

03

Recurring Revenue

Subscriptions, live-service models, and in-game purchases can create more predictable revenue streams.

04

Development Team

Experienced teams with a proven track record remain valuable assets in any acquisition.

05

Technology & Tools

Proprietary technology and development tools can create lasting competitive advantages.

06

Publishing & Platform Relationships

Strong industry relationships can support future growth and reduce risk for buyers.

Types of Gaming Deals We Support

Every transaction starts with a goal. Whether that's acquisition, investment, growth, or exit planning, we help clients evaluate opportunities and choose the right path forward. Our role is to help clients evaluate opportunities, understand potential risks, and move forward with confidence.

Game Studio Acquisitions

Whether buying or selling, we help studios navigate game studio acquisitions, investments, and exit opportunities.

Publisher Transactions

Helping publishers expand their portfolio, acquire new capabilities, and enter new markets.

Mobile Gaming M&A

Supporting mobile gaming businesses pursuing acquisitions, investment, and strategic growth opportunities.

Gaming Technology Deals

Transactions involving gaming platforms, development tools, infrastructure, analytics, and AI technologies.

Esports & Gaming Media

Supporting acquisitions, partnerships, and growth opportunities across esports, content, and gaming media.

Our Gaming M&A Service

Every transaction starts with a goal. Whether that's acquisition, investment, growth, or exit planning, we help clients evaluate opportunities and choose the right path forward. Our role is to help clients evaluate opportunities, understand potential risks, and move forward with confidence.

Sell-Side Advisory

Thinking about selling your studio?
Prepare for acquisition, understand your value, and connect with the right buyers.

Buy-Side Advisory

Looking to grow through acquisition?
Identify opportunities, evaluate potential targets, and make informed investment decisions.

M&A Consulting Services

Not ready for a transaction yet?
Assess opportunities, prepare for future transactions, and build a strategy for long-term growth.

End-to-End M&A Support

Practical guidance through valuation, due diligence, negotiations, and deal execution.

Process

Our M&A Process

Every transaction starts with a goal. Whether that's acquisition, investment, growth, or exit planning, we help clients evaluate opportunities and choose the right path forward. Our role is to help clients evaluate opportunities, understand potential risks, and move forward with confidence.

01

Discovery

We learn about your business, objectives, and what success looks like for you.

02

Strategy

Together, we evaluate opportunities, identify value drivers, and build a clear transaction plan

03

Execution

We connect you with the right buyers, sellers, investors, or partners and support negotiations along the way.

04

Completion

We guide the process through due diligence, final agreements, and successful deal completion.

Our M&A Process

Every transaction starts with a goal. Whether that's acquisition, investment, growth, or exit planning, we help clients evaluate opportunities and choose the right path forward. Our role is to help clients evaluate opportunities, understand potential risks, and move forward with confidence.

01

Independent Game Studios

02

Publishers

03

Gaming Technology Companies

04

Investors & Venture Capital Firms

04

Esports & Gaming Media Businesses
Different

Why Choose Lunar Owl

Gaming businesses aren't evaluated the same way as traditional companies. Success often depends on understanding player behavior, intellectual property, market trends, and the people behind the games.
That's where industry knowledge becomes an advantage.

01

Built for the Gaming Industry

Our focus on gaming means we understand the commercial, creative, and operational factors that influence transactions.

02

Industry Relationships That Matter

Access to the right publishers, investors, studios, and partners can create opportunities that might not otherwise exist.

03

A Strategic, Not Transactional, Approach

The best deal isn't always the biggest one. We help clients evaluate opportunities based on their long-term goals, not short-term outcomes.

04

Experience Across the Gaming Ecosystem

From game studios and publishers to gaming technology companies and investors, we understand the different priorities that shape successful deals.

05

Focused on Long-Term Value

Every recommendation is made with one goal in mind: helping clients make decisions that create lasting value.

FAQ

Frequently Asked Questions

Got questions? We’ve got answers. Here’s everything you need to know about working with us

How are gaming companies valued?

Gaming businesses are typically valued based on revenue, profitability, intellectual property, player engagement, growth potential, and strategic market position.

What do buyers look for in game studios?

Buyers often evaluate team quality, recurring revenue, player retention, technology, intellectual property, and long-term growth opportunities.

How long does a gaming acquisition take?

Most transactions take several months, depending on business complexity, due diligence requirements, and deal structure.

What increases gaming company valuation?

Strong IP, recurring revenue, player growth, community engagement, scalable operations, and proven leadership teams can all increase valuation.

What metrics matter most in gaming M&A?

Buyers often look at player growth, retention, revenue performance, profitability, and engagement metrics to understand the health and future potential of a gaming business.