Picture: MY.GAMES

MY.GAMES has signed a definitive agreement for a management buyout from its sole shareholder, Alexander Chachava.

The buyout is led by CEO Elena Grigorian and COO Denis Savuta, with backing from Georgy Nurislamov, a UAE-based private investor brought on board by the management team. The deal is the result of a strategic review MY.GAMES began in 2025 and is expected to close in 2026.

Grigorian has 20 years of experience in the games industry, including senior leadership at Disney’s games division. At MY.GAMES she held C-level strategy roles before becoming CEO, and helped grow War Robots into a franchise with more than $1 billion in lifetime revenue. Savuta has more than 20 years of experience in finance and operations and has worked on the company’s efficiency and international expansion.

Once the deal completes, MY.GAMES will keep its current brand and leadership. Day-to-day operations will continue as normal while the deal closes.

“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 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.”

Chachava said the management team’s offer was the strongest to come out of a year-long competitive sale process. “Over the past four years, together with the management team, we have strengthened the company’s financial and business sustainability despite a challenging external environment,” he said. “With the business now on solid footing, the time is right for us to pursue our respective strategic priorities.”

Source: MY.GAMES