Business

CVC Capital Partners, Haveli Investments Acquire Jagex

CVC Capital Partners and Haveli Investments have reached an agreement to acquire RuneScape developer Jagex from Carlyle Group, according to Sky News.

While financial terms of the acquisition were not disclosed publicly, the Sky News report indicates that CVC was planning to spend £900 million on the purchase of Jagex.

Luxembourg-based CVC Capital Partners is one of the world’s largest private equity firms and Austin-based Haveli Investments is an established games investor.

CVC Capital Partners has previously backed Dead by Daylight creator Behaviour Interactive, London-based Predecessor developer Omeda Studios, and Tel Aviv-based Match Masters studio Candivore.

Jagex has more than 700 staff worldwide, and is best known for its RuneScape franchise and is currently working on the PC and console launch of Scum by Gamepires sometimes in 2024.

Anthony DiMoro

Covering Content Creators, Twitch, YouTube, Streamers & the digital culture. Anthony has written for publications such as Forbes and the Huffington Post, among others, during his career.

Recent Posts

Patreon Hires Twitch’s Adiya Taylor as New Corporate Communications Lead

Content creation platform Patreon has officially tabbed Adiya Taylor as their new corporate communications lead,…

2 months ago

Microsoft Bringing Four Games to Rival Consoles

Microsoft has responded to recent reports that there will be changes to it's first-party strategy…

3 months ago

Sega’s Revenue See Rise to $27 Billion

Sega Sammy has released its financial report for the nine-month period that officially concluded on…

3 months ago

Humble Bundle Surpasses $250 Million Raised for Charitable Causes Around the World

Digital retailer Humble Bundle, whose mission is to do good in the world has officially…

3 months ago

Take-Two Cutting Costs Again Following Sales Decline

Take-Two Interactive, the brand behind such popular gaming titles such as the 2K franchise, has…

3 months ago

Yahoo Names Former Twitch, Spotify, Apple Executive Jeff Rossi to Spearhead Growth Strategy

Yahoo is turning to an establish industry veteran to help spearhead their growth strategy for…

3 months ago