CVC Capital Companions introduced the acquisition of the British developer Jagex in collaboration with Haveli Investments

CVC Capital Companions, in collaboration with Haveli Investments, has introduced the acquisition of Jagex, a outstanding developer and writer of video video games. The phrases of the settlement haven’t been disclosed. Headquartered in Cambridge, Jagex boasts a world workforce of over 700 people and focuses on creating enduring gaming experiences throughout PC, Cellular, and Console platforms. Notably, RuneScape, its flagship franchise, has amassed a lifetime income exceeding $1.5 billion over its 23-year tenure.

Lately, Jagex has expanded its capabilities by strategic acquisitions, together with Pipeworks and Gamepires in 2022, thereby enhancing its cross-platform choices and bolstering its experience in cultivating devoted fan communities.

Jagex loved a vastly profitable 2023, with report subscribers for its numerous titles

The corporate’s successes continued into 2023, marked by report subscriber numbers for RuneScape and Outdated College RuneScape, in addition to the strengthening of its partnership with Gamepires in anticipation of the forthcoming launch of Scum on PC and Console platforms in 2024.

Picture through Jagex

CVC Capital Companions, a outstanding personal fairness agency headquartered in Luxembourg, brings its intensive expertise and assets to assist Jagex’s progress trajectory. With a diversified portfolio spanning numerous sectors, together with world sports activities entities just like the IPL Staff Gujarat Titans, LaLiga, and the Girls’s Tennis Affiliation (WTA), CVC is well-positioned to nurture fan-centric companies on a world scale. Leveraging its experience, CVC goals to facilitate Jagex’s sustained subscriber and income progress whereas upholding its community-driven ethos and increasing its portfolio of tolerating gaming titles.

In the meantime, Haveli Investments, based mostly in Austin, Texas, is thought for its concentrate on partnering with revolutionary firms and administration groups. By way of its Gaming Fund, Haveli has made strategic investments in notable gaming entities resembling Omeda Studios, Behaviour Interactive, and Candivore. Jagex’s acquisition provides to Haveli’s portfolio of forward-thinking gaming ventures, aligning with its dedication to supporting revolutionary initiatives throughout the trade.

Beforehand beneath the possession of Carlyle, Jagex’s acquisition marks a brand new chapter in its journey, constructing upon previous successes whereas capitalizing on the mixed experience and assets offered by CVC Capital Companions and Haveli Investments.

With a shared imaginative and prescient for driving progress and fostering neighborhood engagement, the partnership goals to additional solidify Jagex’s place as a number one power within the gaming trade, creating lasting experiences for gamers worldwide.

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