ANKARA, TURKIYE – MAY 1: In this photo illustration the logo of Royal Kingdom is being displayed on a laptop screen and the logo of Dream Games is being displayed on a smart phone in Ankara, Turkiye on May 1, 2025. ( Hakan Nural – Anadolu Agency )
May 04, 2025 11:39 PM GMT+03:00
Türkiye-based mobile game developer Dream Games announced it has secured a major investment from European private equity giant CVC, a deal that will support the company’s next phase of growth and cement its position as a global leader in mobile gaming.
The transaction, which involves debt financing from Blackstone-managed funds and other investors, values Turkish startup Dream Games at approximately $5 billion, according to sources cited by Reuters and Bloomberg. The valuation marks a significant jump from its 2022 valuation of $2.75 billion.
CVC will acquire the stakes of Dream Games’ early venture capital investors, who are exiting the company after five years. The firm will become Dream Games’ sole equity partner, supporting the development of new titles and long-term strategic initiatives.
ANKARA, TURKIYE – MAY 1: In this photo illustration the logo of Royal Kingdom is being displayed on a laptop screen and the logo of Dream Games is being displayed on a smart phone in Ankara, Turkiye on May 1, 2025. ( Hakan Nural – Anadolu Agency )
‘Pivotal moment for Dream Games’
“This is a pivotal moment for Dream Games,” said Soner Aydemir, co-founder and CEO of the company. “Their (CVC’s) 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.”
“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,” Aydemir added.
ANKARA, TURKIYE – MAY 1: In this photo illustration the logo of Royal Kingdom is being displayed on a laptop screen and the logo of Dream Games is being displayed on a smart phone in Ankara, Turkiye on May 1, 2025. ( Hakan Nural – Anadolu Agency )
Deal subject to regulatory approvals
The deal is subject to regulatory approvals and is expected to close in the third quarter of 2025, the company said in a statement.
Founded in Istanbul, Dream Games has gained worldwide recognition for its hit puzzle titles “Royal Match” and “Royal Kingdom.” The company’s breakout success, Royal Match, launched in early 2021, has attracted more than six million monthly active users, combining visually engaging art styles, a compelling progression system, and accessible match-3 gameplay that appeals to a broad global audience.
Dream’s mission is to merge cutting-edge technology with creativity to produce mobile games that stand the test of time.
May 04, 2025 11:46 PM GMT+03:00
