Almost $1 Billion Raised for Extra Embracer Group Acquisitions

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TheQ Nordic mother or father firm Embracer Group has been quietly vacuuming up numerous studios and IPs, turn into one thing of an invisible behemoth behind the online game trade curtain. Whereas Embracer Group might not be a family title, it’s subsidiary teams are definitely well-known within the online game trade. THQ Nordic itself owns a swath of standard builders and IPs, Saber Interactive has a serious piece of the online game pie, and Embracer’s most up-to-date acquisition was Gearbox—sure, of Borderlands fame. And all of that’s nonetheless only a fraction of what Embracer owns, together with Koch Media/Deep Silver.

That prepare of acquisitions doesn’t look set to cease anytime quickly. Embracer Group lately raised $890 million in capital to finance extra acquisitions. They achieved the funding by means of issuance of 6 million new Class B shares.

“We’re delighted that the curiosity in Embracer Group has confirmed to be excellent amongst each Swedish and worldwide institutional buyers,” Embracer Group CEO and Co-founder, Lars Wingefors stated. “This capital injection[…]permits us to proceed our technique in welcoming extra new nice firms to the group.”

The corporate at present owns 59 particular person studios throughout its subsidiaries, and greater than 220 IPs, not together with any new IPs that studios could also be engaged on that aren’t public but. Until mixed with different earnings, the caliber of future acquisitions from this spherical of funding isn’t prone to match or exceed Gearbox, which was purchased for $1.38 billion—greater than this present financing quantity. Although there are nonetheless loads of mid-tier studios engaged on odd initiatives across the trade, which appears to be largely the place Embracer’s curiosity lies if we’re previous acquisitions and their present portfolio. A big portion of Embracer’s acquisitions have taken place over the previous couple of years.

Embracer Group lately revealed that they’ve over 150 video games in improvement, greater than 70 of that are premium titles anticipated to be launched throughout the subsequent monetary 12 months.

Who do you suppose Embracer will decide up subsequent? Did you anticipate their acquisitions to proceed following the Gearbox deal? Increase come capital to accumulate the endurance to make it to the feedback down under and tell us.

[Supply: Embracer; By way of: Gamasutra]

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