Backed by Platinum Equity and media executive David Nathanson, Game Taco, a skill-based mobile platform that enables gamers, has entered into an agreement to acquire WorldWinner.
WorldWinner is part of GSN Games, a division of Game Show Network, which is wholly owned by Sony Pictures Entertainment. Under Platinum Equity’s new controlling interest, Game Taco and WorldWinner will combine to create a premium skill-games platform in the U.S.
Mr. Nathanson will serve as Executive Chairman of the combined businesses, while Game Taco founder and CEO Joshua Barrow will serve as CEO. The WorldWinner brand will continue operating under the Game Taco umbrella and under the leadership of WorldWinner’s General Manager, Matt Turetzky.
“Our acquisition of WorldWinner is a watershed moment for Game Taco,” said Mr. Barrow. “David and I have had WorldWinner on our respective radar for years, and with our resources now combined, and with Platinum Equity’s financial and operational backing, we position ourselves to aggressively pursue a much bigger share of the growing, multi-billion-dollar skill-based game industry.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.