Search company, investor...

KingsIsle Entertainment

kingsisle.com

Founded Year

2005

Stage

Acquired | Acquired

Valuation

$0000 

About KingsIsle Entertainment

KingsIsle is creating massively multiplayer online entertainment offerings.On January 19th, 2021 KingsIsle Entertainment was acquired by Media and Games Invest million.

Headquarters Location

2745 Dallas Parkway Suite 620

Plano, Texas, 75093,

United States

Missing: KingsIsle Entertainment's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: KingsIsle Entertainment's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Expert Collections containing KingsIsle Entertainment

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

KingsIsle Entertainment is included in 1 Expert Collection, including Gaming.

G

Gaming

5,152 items

Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.

KingsIsle Entertainment Patents

KingsIsle Entertainment has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/31/2016

5/12/2020

Puzzle video games, IOS games, Ophthalmology, Android (operating system) games, DOS games

Grant

Application Date

3/31/2016

Grant Date

5/12/2020

Title

Related Topics

Puzzle video games, IOS games, Ophthalmology, Android (operating system) games, DOS games

Status

Grant

Latest KingsIsle Entertainment News

​​​​​​​Media and Games Invest plc: Closing of the Acquisition of KingsIsle - KingsIsle Represents New 'Strike Zone'

Feb 8, 2021

02/08/2021 | 05:27am EST Message : *Required fields Media and Games Invest plc: Closing of the Acquisition of KingsIsle - KingsIsle Represents New 'Strike Zone' 08, February 2021 - Media and Games Invest plc (Frankfurt Stock Exchange: M8G), (Nasdaq First North Premier Growth Market: M8G) ('MGI' or the 'Company'), has concluded the closing of the Share Purchase and Transfer Agreement with the owners of KingsIsle Entertainment Inc ('KingsIsle') to acquire 100% of the shares of KingsIsle as planned. The transaction is adding the successful massive multiplayer games Wizard101 as well as Pirate101 to the MGI gaming portfolio, two games with very loyal user bases and long-term sustainable revenue streams. This for MGI transformative transactionwill materially increase the size and profitability of the MGI Group, adding about 60% Group EBITDA on a pro forma basis (YTD Q3 2020). KingsIsle's revenue guidance for 2021 is USD 32 million with an expected adjusted EBITDA of USD 21 million (EBITDA Margin: 66%). Taking into account the Earn-Out Consideration, the EV/EBITDA multiple will -depending on KingsIsle's revenue growth in 2021- be within a range of 5.8x - 7.3x. This assessment is based on higher revenues also generating an increased EBITDA and includes the incremental EBITDA that may occur from a higher revenue base should an earn out become payable. The KingsIsle transaction is a further step of MGI's buy-and-build strategy, with MGI's M&A focus also shifting towards larger and EBITDA-positive targets. 'KingsIsle represents our new strikezone. We are very happy that we were able to close the deal so fast and we welcome our new team members. This is a very good start to 2021, as with the KingsIsle deal and our organic growth we can already tick the box on the growth and profitability targets that we announced for 2021. With several game launches and game updates being prepared for 2021 and with a well filled M&A pipeline with very attractive and value-accretive targets, there is more to come.' Remco Westermann, CEO of MGI Group, stated. 'We are pleased with the successful closing and, most importantly, that we can now completely focus on the actual work. Since the announcement of the transaction, there have been in-depth dialogues between the teams of KingsIsle and MGI. Everyone in the companyis very excited and looking forward to start working together on the various projects around the great games portfolio of KingsIsle. We are also especially happy about the reaction of the players. A real flood of positive reaction reached us after the release, in which players expressed their excitement for updates and extensions as well as the expansion to other devices such as console and mobile. We will deliver.' says Jens Knauber, COO of MGI Group. For further information, please contact: Sören Barz Phone: +49 69 9055 05 51 Mail: mgi@edicto.de About Media and Games Invest Media and Games Invest plc (MGI), is a fast-growing and profitable company operating in the digital games sector with a strong supportive media unit and a focus on North America & EMEA. The company combines organic growth with value-accretive acquisitions, delivering strong and sustainable earnings growth. Since 2014 the MGI Group has successfully acquired more than 30 companies and assets which are integrated onto our platform, exploiting efficiency-enhancing technologies such as the cloud. The Company's shares are listed on Nasdaq First North Premier Growth Market in Stockholm and the Scale segment of the Frankfurt Stock Exchange. The Company's certified advisor on Nasdaq First North Premier Growth Market is FNCA Sweden AB; info@fnca.se, +46-8-528 00 399. Attachments

KingsIsle Entertainment Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

KingsIsle Entertainment Rank

KingsIsle Entertainment Frequently Asked Questions (FAQ)

  • When was KingsIsle Entertainment founded?

    KingsIsle Entertainment was founded in 2005.

  • Where is KingsIsle Entertainment's headquarters?

    KingsIsle Entertainment's headquarters is located at 2745 Dallas Parkway, Plano.

  • What is KingsIsle Entertainment's latest funding round?

    KingsIsle Entertainment's latest funding round is Acquired.

  • Who are the investors of KingsIsle Entertainment?

    Investors of KingsIsle Entertainment include Media and Games Invest.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.