Amsterdam, Netherlands - July 29, 2024 - MY.GAMES, a leading European gaming developer and publisher, announces sale of CEBC B.V. and its major platforms DonationAlerts and Boosty to structures of the Cypriot businessman Pavel Kharaneka, founder of Broadsmart Group. The parties signed a binding term sheet, the deal is expected to be closed in Q3 2024. This decision enables MY.GAMES to fully focus on its top priority business: game development and publishing.
“In 2023, we began a restructuring process that spun off the non-game development and publishing businesses of MY.GAMES and placed them under the management of CEBC. We began negotiations to sell these assets in March 2024 and we are pleased to announce that they have been finalized. This step supports the company's commitment to focus all its resources on the core business, namely creating exceptional gaming experiences for players across the globe,” commented Elena Grigorian, CEO of MY.GAMES.
“I've long wanted to expand my portfolio with digital business assets, and I'm glad to now have that opportunity with CEBC. We live in an era where digital content is an integral part of people's daily lives, helping them learn, express themselves, and monetize their skills and creativity. Boosty and DonationAlerts have clear potential, and I look forward to seeing how these platforms continue to evolve and contribute to the creative community under new leadership,” commented Pavel Kharaneka.
DonationAlerts and Boosty foster creativity by helping people around the world turn their passion into a successful career, offering them the tools and support they need to thrive. Both platforms offer effective solutions for monetizing the work of artists, musicians, writers, independent journalists, photographers, streamers and bloggers, developing and elevating their voices, as well as offering a space for hosting charity fundraisers.
About MY.GAMES
MY.GAMES is a leading European publisher and developer headquartered in Amsterdam, with more than one billion registered users worldwide. The company unites over a dozen development studios, a strong team of specialists working together from across the globe. For more information, please visit https://my.games/.
About Pavel Kharaneka
Pavel Kharaneka is an experienced businessman and the founder of Broadsmart Group, a Cyprus-based company specializing in the planning, designing, marketing, and promotion of luxury residential complexes. Broadsmart Group has managed to increase its business fourfold in the last three years. In addition, in 2022, he established a UAE-based commercial and residential real estate design business and is constantly on the lookout for new promising assets for its portfolio.
About CEBC
CEBC is the company that develops startups in the field of social networks, video, streaming, content monetization, and tools for bloggers. It owns and operates the platforms Boosty and DonationAlerts which provide innovative solutions for content creators to monetize their work and engage with their audiences. CEBC is dedicated to empowering creators by offering tools and support to help them thrive in the digital age. With a commitment to fostering creativity and supporting the creative community, CEBC continues to develop and enhance its platforms to meet the needs of its users.