Scopely introduced that Shlomi Aizenberg has been appointed chief enterprise officer of the cellular gaming firm.
Scopely, which is owned by Savvy Video games Group, has been on a roll with $5 billion in revenues from Monopoly Go. The sport was within the works for seven years at Scopely, but it surely generated $2 billion in income in its first 10 months in the marketplace. This, in flip, has enabled Scopely to make acquisitions reminiscent of its $3.5 billion buy of Niantic.
Scopely co-CEOs, Walter Driver and Javier Ferreira stated in an announcement that, “As Scopely continues to develop, we’re dedicated to increasing our management staff with people who embody our imaginative and prescient and strategic ambitions. Immediately, we’re proud to announce the appointment of Shlomi Aizenberg as our new Chief Enterprise Officer (CBO).”
They described Aizenberg as a seasoned video games operator and chief with over a decade of expertise at Playtika, most lately served as the corporate’s chief working officer. In that position, Aizenberg led complicated cross-functional efforts, overseeing a number of enterprise models and managing important organizational transitions.
Throughout his tenure, Aizenberg additionally served as common supervisor of “Bingo Blitz” — a recreation that has delighted gamers worldwide for over a decade — and performed a pivotal position in Playtika’s acquisition technique, driving the combination of acquired studios, reminiscent of Wooga (2018), Significantly and Sollitaire Grand Harvest (2019), amongst others, stated Driver and Ferreira.
At Scopely, Aizenberg will likely be a key working companion for Scopely’s M&A technique. He’ll work carefully with lots of our groups, together with Scopely chief income officer Tim O’Brien’s group, which incorporates the company growth group led by Rob Ricca.
Collectively, they’ll consider the operations of latest enterprise alternatives and determine attainable funding and/or acquisition targets that align with Scopely’s strategic imaginative and prescient and can additional develop Scopely.
Aizenberg’s focus will likely be on inflecting worth in acquired properties by making certain a seamless unification with Scopely, operationalizing avenues for long-term development, and preserving the inventive freedom of game-making groups to ship their greatest work for gamers.
“As we take into consideration the subsequent decade for Scopely, we wish to create further capability to help much more M&A alternatives, and Shlomi’s in depth expertise creating post-deal working plans and unifying companies will likely be invaluable as we proceed to pursue large-scale M&A initiatives that span cellular, console, and PC, amongst different sectors,” Ferreira and Driver stated.
Transformative partnerships, investments, and acquisitions have at all times been a key pillar of the Scopely technique.
“We’ve got a confirmed monitor document of investing in and collaborating with recreation studios in addition to buying scaled, high-performing manufacturers and groups — reminiscent of FoxNext Video games, GSN Video games, celebration royale hit Stumble Guys, and naturally, our lately introduced settlement to accumulate the Niantic video games enterprise and staff,” the co-CEOs stated.
They added, “Over our 13-year historical past, we’ve executed quite a few transactions, totaling billions of {dollars} in deal worth. Our focus stays on figuring out industry-leading merchandise and groups that align with and improve our portfolio. The truth is, final yr alone, we engaged with over 800 firms to guage promising video games, expertise, and expertise.”
The corporate stated its method to M&A is differentiated, dynamic and inventive — tailoring the technique to the distinctive strengths of every alternative.
“We then try to create enduring worth for each new addition to our portfolio by unlocking synergies, amplifying the strengths of acquired groups, and making certain long-term success inside our ecosystem,” Ferreira and Driver stated. “This technique requires leaders who each deeply perceive enterprise operations, gaming groups and founders and have important relationships inside the video games {industry}, which Shlomi has demonstrated time and time once more by means of his lengthy tenure at Playtika.”
Aaron Loeb beforehand served because the chief enterprise officer at Scopely earlier than his departure in 2023. His position was totally different than Aizenberg’s, as his work revolved round slate growth and pre-KPI recreation groups. Aizenberg is targeted on acquisition technique, operational integration and development.