Raw Fury has partnered with Altor after the fund acquired a majority stake in the company. However, it doesn’t mean that the publisher is “selling out,” as it will maintain its autonomy.
“Altor’s business expertise and belief in us will provide the opportunity we need to ace the next level of our journey, publish innovative games (we have some big stuff on the horizon, so watch this space!), and shake up the game space, fueling it with more art, positive disruption, and a Raw Fury circus of activity (with a possible side of potatoes),” Raw Fury’s official statement reads.
The financial terms of the deal remain undisclosed. Raw Fury will maintain its autonomy, promising to be a “force for good” in the games industry.
The publisher’s CEO Jónas Antonsson described the partnership with Altor investment fund in the most Raw Fury fashion possible: “Altor is an amazing partner and usually you’d see a lot of bla bla bla here, but in true Fury fashion, I’ll let actions speak rather than words.”
Raw Fury now employs 60 people. The company, which has already published 24 games, has a few more titles in its pipeline. And this deal will also give Raw Fury an opportunity to launch larger and more ambitious projects in the future.
- Dj2 Entertainment to adapt Sable and other Raw Fury games for TV and film
- Tencent becomes Bloober Team’s largest shareholder by acquiring 22% of its shares for $19.5 million
- MY.GAMES Venture Capital invests $3 million in three new studios
- Tencent makes another M&A deal, investing in Swedish indie developer Stunlock Studios