- My.Video games has signed an settlement for a administration buyout led by CEO Elena Grigorian and COO Denis Savuta.
- The acquisition is backed by UAE-based personal investor Georgy Nurislamov.
- The corporate will hold its current model and management.
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Video games developer and writer My.Video games has signed a definitive settlement in the direction of a administration buyout from its sole shareholder, Alexander Chachava.
The acquisition is being led by My.Video games CEO Elena Grigorian and COO Denis Savuta. The deal is backed by UAE-based personal investor Georgy Nurislamov.
The deal follows a evaluation of the corporate’s future possession choices that started again in 2025 and is now anticipated to be accomplished by the tip of 2026.
Following its completion, My.Video games will proceed to function underneath its current model and management. The corporate did observe that any day-to-day operations will stay unchanged.
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Grigorian has spent twenty years working within the video games trade, with a background that features senior management roles at Disney’s video games division. Throughout her time at My.Video games, she has helped develop the cellular title Conflict Robots right into a franchise generating more than $1 billion in lifetime revenue.
Savuta has greater than 20 years of expertise in finance and operations and has helped the corporate enhance the way it operates and develop internationally.
My.Video games’ portfolio additionally contains cellular titles akin to Rush Royale, Hustyle Fort, and Left to Survive, alongside different video games that span throughout PC and console.
“We have constructed a powerful enterprise with a confirmed product portfolio and evergreen titles like Conflict Robots and Rush Royale, and we’re able to take it additional,” stated My.Video games CEO Elena Grigorian.
“With the assist of our investor, we’re getting into this subsequent chapter and looking out ahead to constructing on our current strengths and pursuing additional alternatives for progress.”
My.Video games shareholder Alexander Chachava mirrored on the corporate’s progress over the previous few years and the end result of the sale course of.
“Over the previous 4 years, along with the administration crew, we’ve strengthened the corporate’s monetary and enterprise sustainability regardless of a difficult exterior surroundings,” stated Chachava.
“With the enterprise now on strong footing, the time is correct for us to pursue our respective strategic priorities. Following a year-long aggressive sale course of, the administration crew’s supply stood out because the strongest, backed by their deep understanding of the enterprise and constant supply of outcomes.”