The Dutch gaming company with Russian roots My.Games (owner of the publishing label Knights Peak) will change its owner for the second time in the last four years, and not without the help of the Arabian Peninsula.
Image source: My.Games
Let us recall that in October 2022, VK sold My.Games for $642 million to the founder of Leta Capital, Alexander Chachava, and in December the company was divided into Russian (Astrum Entertainment) and international (withdrew from the Russian market).
How it became knownChachava decided to sell My.Games to the company’s management represented by CEO Elena Grigoryan and COO Denis Savuta. The transaction is planned to be closed by the end of 2026.
Image source: My.Games
The amount of the transaction is not disclosed, but it is known that the buyout of My.Games by Grigoryan and Savuta was possible thanks to the financial support of private investor Georgy Nurislamov from the United Arab Emirates.
Preparations for the agreement began back in 2025. According to Chachava, based on the results of the competitive sales process, the strongest offer was from the current management of My.Games.
Tempest Rising (Image source: Knights Peak)
Following the sale, Grigoryan and Savuta will “lead My.Games into the next phase of its development.” The company will retain its current name, management, relationships with consumers, partners and employees.
In addition to Knights Peak (Tempest Rising, Hela: of Mice & Magic), My.Games owns Cypriot development studio Pixonic (War Robots) and marketing/analytics platform AdsAdvisor.
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