StockWatch
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EDP Services
DealsOct 5, 2026, 05:26 PM

Firy Inc. Sells Exit Games Stake for $55 Million Cash

AI Summary

Firy Inc. announced the completion of the sale of its entire equity stake in Exit Games GmbH, representing approximately 10.5% of Exit Games' outstanding share capital, back to Exit Games for a total cash consideration of $55 million. The transaction, which closed on October 2, 2026, yielded a fully realized cash return of approximately 1.1x Firy's original $50 million investment made in July 2021. This return significantly outperforms the average 2021-vintage US venture capital fund, which had distributed only 0.05x of paid-in capital at its five-year mark.

Key Highlights

  • Firy Inc. sold its entire 10.5% equity stake in Exit Games GmbH for $55 million in cash.
  • The sale represents a fully realized cash return of approximately 1.1x Firy's original investment.
  • Firy's realized return is approximately 22 times the average 2021-vintage US venture capital fund's distribution of 0.05x.
  • The transaction closed on October 2, 2026.
  • Firy acquired its stake in Exit Games for $50 million in July 2021.