RuneScape and Scum developer Jagex has been acquired by two personal fairness companies for an undisclosed sum.
In a press launch, funding corporations CVC Capital Companions and Haveli Investments announce that they’ve acquired the British studio, confirming a Sky Information report from earlier this week.
That very same Sky Information report prompt that CVC, which can be a backer of the celebrated Six Nations rugby event, would pay round £900 million (about $1.137 billion) for the studio, however CVC and Haveli have not disclosed the phrases of the transaction.
Within the press launch, CVC and Haveli say that Jagex loved “a massively profitable 2023”, bringing “report subscribers” to each RuneScape and Previous Faculty RuneScape.
Jagex CEO Phil Mansell says that CVC and Haveli will assist his studio “construct on our portfolio of endlessly video games”, and that the studio will proceed to create “extra of the experiences our followers love”.
In addition to growing MMORPG RuneScape, Jagex additionally publishes the open-world survival sport Scum, having acquired Scum developer Gamepires in 2022.
That is not the one developer Mansell’s studio purchased in 2022, both; the British developer additionally acquired Oregon studio Pipeworks, identified for co-development on video games like Terraria and Satan Could Cry: HD Assortment, that very same 12 months.
After all, Jagex has been via its personal acquisition saga, and it is filled with twists and turns.
As soon as owned by Chinese language firm Fukong Interactive, Jagex was bought to the holding firm Macarthur Fortune Holding in 2020.
Following this sale, the funding firm Carlyle Group tried to buy Jagex in January 2021, however discovered itself on the middle of an possession dispute involving personal fairness agency Plutos Sama, which claimed it had the rights to the RuneScape studio.
The sale to Carlyle Group ultimately went via, nonetheless, and it is from Carlyle Group that CVC and Haveli are buying Jagex. Fortunately, this sale appears to be an amazing deal extra easy. Keep tuned for extra.
