Keywords Studios plc (AIM:KWS) acquired The Multiplayer Guys Ltd. from Improbable Worlds Limited for £76.5 million on December 18, 2023. MPG's leadership team comprisingAndy Norman, Rocco Loscalzo, Vaughan O'Brien and Roger Cheungwill continue to lead the business post-acquisition and will participate in a management incentive plan based on ambitious growth targets over the next two years. The consideration was paid in cash and primarily funded from the Group's existing revolving credit facility. Stuart Skinner and Will Baunton of Numis Securities Limited acted as financial advisor to Keywords Studios in this transaction.

Keywords Studios plc (AIM:KWS) completed the acquisition of The Multiplayer Guys Ltd. from Improbable Worlds Limited on December 18, 2023.