Ubisoft founders are considering partnering with a private equity firm to acquire the company


The Guillemot family, founders of Ubisoftconsider working with a private equity firm to acquire the company and keep potential buyers at bay.

This is according to a Dealreporter report (thanks, SeekingAlpha) stating that the deal would allow the Guillemot family to retain control of Ubisoft.

Currently, the Guillemot family owns 15.9% of the Company’s stock and 22.3% of the net voting shares. At the time of today’s report, the company’s shares were up 10%.

Earlier this year, Ubisoft said if an offer to buy the company ever came up, it would look into it in the interest of all parties; However, the company’s CEO, Yves Guillemot, stressed that the company has the means to remain independent.

As early as 2015, Ubisoft was the target of a hostile takeover attempt by the French media group Vivendi, which bought more and more shares in the company for three years. At one point it owned a 27.3% stake.

In its struggle to maintain its independence, Ubisoft has enlisted the help of Chinese megaconglomerate Tencent and the Ontario Teachers’ Pension Plan. Vivendi eventually agreed to sell its shares in Ubisoft and not acquire any more for the next five years.

However, Vivendi acquired Gameloft, another company founded by the Guillemot family, in 2016. It started with a 6.2% stake in Gameloft’s stock and owned 30% of the company’s shares as of February this year, prompting a hostility to a takeover bid. Vivendi then launched a takeover bid to acquire additional shares, convinced the majority of interest groups by May and pushed the takeover forward. By June, it owned 95.94% of the company. Ubisoft founders are considering partnering with a private equity firm to acquire the company

Fry Electronics Team

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