CONNECT WITH US
Gaming

Gaming

My.Games agrees to management buyout backed by UAE investor

PocketGamer.biz logo

Published on

Add as a preferred source on Google
My.Games agrees to management buyout backed by UAE investor

Games developer and publisher My.Games has signed a definitive agreement towards a management buyout from its sole shareholder, Alexander Chachava.

The acquisition is being led by My.Games CEO Elena Grigorian and COO Denis Savuta. The deal is backed by UAE-based private investor Georgy Nurislamov. 

The deal follows a review of the company's future ownership options that began back in 2025 and is now expected to be completed by the end of 2026.

Following its completion, My.Games will continue to operate under its existing brand and leadership. The company did note that any day-to-day operations will remain unchanged.

Grigorian has spent two decades working in the games industry, with a background that includes senior leadership roles at Disney’s games division. During her time at My.Games, she has helped grow the mobile title War Robots into a franchise generating more than $1 billion in lifetime revenue. 

Savuta has more than 20 years of experience in finance and operations and has helped the company improve how it operates and expand internationally.

My.Games' portfolio also includes mobile titles such as Rush Royale, Hustyle Castle, and Left to Survive, alongside other games that span across PC and console.

"We've built a strong business with a proven product portfolio and evergreen titles like War Robots and Rush Royale, and we're ready to take it further," said My.Games CEO Elena Grigorian.

"With the support of our investor, we're entering this next chapter and looking forward to building on our existing strengths and pursuing further opportunities for growth."


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.