Dream Games, the developer and publisher of globally renowned mobile games Royal Match and Royal Kingdom, announced a strategic investment from CVC, a leading global alternative asset management firm, as its sole equity partner.
The deal will provide liquidity to Dream Games’ initial venture capital partners who will exit after over five years, and initiates a strategic partnership with CVC as its new equity partner to help further advance the company’s continued global leadership in mobile games. Funds managed by Blackstone, and other investors will provide debt financing as part of the transaction.
Launched in 2019 by mobile game industry veterans Soner Aydemir, Ikbal Namli, Hakan Saglam, Eren Sengul and Serdar Yilmaz, Dream Games is best known for its mobile game Royal Match, the global #1 puzzle game by revenue.
In November 2024, Dream Games launched a highly anticipated second mobile game Royal Kingdom, which is the next chapter of the Royal mobile games universe. Both games have achieved global success, with Dream Games recognized as a leader in delivering high-quality, innovative, and engaging mobile gaming experiences to customers across the world.
With the support of new investors, Dream Games plans to continue its expansion of the Royal universe and develop innovative new titles, while continuing to captivate players around the world with its high-quality mobile game experiences.
The deal is subject to customary regulatory approvals and is expected to close in Q3 2025.
Advisors: Goldman Sachs acted as financial advisor and debt structuring agent, and White & Case acted as legal counsel to Dream Games. PJT Partners acted as financial advisor and Latham & Watkins acted as legal counsel to CVC.
KEY QUOTES:
“We are incredibly proud of what our team has built so far, and we’re excited to enter this next phase of growth with the support of our new investors. Their experience investing in category-leading companies, and track-record of supporting the long-term vision of founding teams, make them ideal partners as we continue to enhance our global leadership.”
Soner Aydemir, Co-Founder and CEO of Dream Games
“Dream Games has created some of the world’s most beloved and commercially successful IP – including King Robert, King Richard & The Dark King. We are very pleased to have the opportunity to work with this world class management team, and help them realise their ambitious vision in the Royal Universe.”
Nick Clarry, Managing Partner and Head of CVC’s Sports, Media and Entertainment team
