Fundz
An acquisition means integration work is about to be scoped. Fundz scores the company against what you sell, and says why it matched.See it live →

Mazepin to acquire Lesta Games for $594 million

PRIVATESep 16, 2026about 3 hours ago

Acquiring Company

UKM Group

Acquired Company

Lesta Games

Madhya PradeshRussiaArtificial IntelligenceGamingVideo Games

Description

Nikita Mazepin is close to finalizing the acquisition of Lesta Games, valued at approximately $594 million. The deal is reportedly in the last stages of negotiation, with price being the only remaining issue. Lesta Games operates under significant regulatory scrutiny following its nationalization.

Company Information

Company

UKM Group

Location

Madhya Pradesh, India

About

UKM Group is involved in various transactions in digital technology and artificial intelligence sectors. It is led by Nikita Mazepin, who is pursuing the acquisition of Lesta Games. The group focuses on innovation and technology-driven growth.

Don't miss UKM Group's next move

Get an email the moment UKM Group makes an acquisition, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for UKM Group's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Lesta Games?

Lesta Games was acquired by UKM Group, based in Madhya Pradesh. The deal was reported on September 16, 2026. UKM Group is involved in various transactions in digital technology and artificial intelligence sectors. It is led by Nikita Mazepin, who is pursuing the acquisition of Lesta Games. UKM Group is privately held and operates in Artificial Intelligence.

When did UKM Group acquire Lesta Games?

UKM Group's acquisition of Lesta Games was reported on September 16, 2026. Nikita Mazepin is close to finalizing the acquisition of Lesta Games, valued at approximately $594 million. The deal is reportedly in the last stages of negotiation, with price being the only remaining issue. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Lesta Games do?

Lesta Games is a prominent Russian gaming company known for developing local versions of popular titles like World of Tanks and World of Warships. Founded by Malik Khatazhaev, the company took over local operations after Wargaming's withdrawal from Russia. It is privately held, operating in Gaming, and is based in Russia.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.