We advised UMX Studio, one of Saudi Arabia’s pioneering game development studios, in its recent acquisition by Jetapult, a global strategic investment company in the gaming sector backed by Accel.

This transaction marks Jetapult’s first investment in the MENA region. It aims to expand its electronic games portfolio, target new global audiences, and open doors for international investors in Saudi Arabia’s gaming industry. Additionally, it highlights Saudi Vision 2030’s goal of becoming a regional hub for video gaming and e-sports.

Our team was led by Ibrahim ElGengehy, Partner, assisted by Soha Hussein, Associate, and Youssef Abdelkader, Junior Associate.

Congratulations to Ali Al-Harbi, Founder of UMX Studio, and the seasoned team on this achievement.

Pleased to have worked alongside our colleagues from Catalyst Partners, UMX Studio’s financial advisors: Abdelaziz Abdel Nabi, Co-Founder; Ramy Osman, Partner; and Mohamed Akmal, Director; as well as Jerome Merchant + Partners.

For more information, check out Amwal Al Ghad's coverage here.