THQ Nordic raised $225 million to buy new studios
The publisher will continue to increase the number of its divisions.
THQ Nordi has attracted $225 million in investments, issuing 11 million new shares, according to Pocket Gamer. The publisher has new investors: First National AP Fund, Second National AP Fund and Odin Fonder. Plus, Swedbank Robur Fonder, Olsson Family, TIN Fonder increased their share of shares in THQ Nordic.
The publisher will use the funds received to purchase new studios and IP in addition to the many assets it has already acquired. Just a week ago, THQ Nordic bought Czech Warhorse Studios and the rights to the RPG Kingdom Come Deliverance. Before that, in 2018, Coffee Stain, Handy Games, as well as Koch Media and Deep Silver, along with their three internal studios. The list is not limited to them.
THQ Nordic’s activity in the mergers and acquisitions market led to an impressive 713% increase in its net sales last year. Also, the company’s profit has increased many times. And new acquisitions, according to THQ Nordic’s plans, will only strengthen this growth.
Already this year, the publisher promises to release several game projects. In total, THQ Nordic and its divisions have 77 new games in development.
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