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A Private Equity Company Has Acquired Balatro Publisher, Playstack

Engadget - Technology News & Expert Reviews·staff@engadget.com (Jackson Chen)·2 days ago
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The new owner, Integrated Media Company, also owns Fandom, Gamespot and metacritic A majority stake of the indie game publisher Playstack is being sold to an investment company called Integrated Media Company (IMG). As first reported by  Game Developer , the owner of the publisher behind hits like Balatro  and The Case of the Golden Idol is selling an 84.5 percent stake to a subsidiary of IMG called VantageCo Limited for £112.4 million, or around $151 million. Playstack also released a brief and vague statement from its founder and CEO, Harvey Elliott, that said this step represented "a change in ownership, rather than a change in who we are." The majority stake sale from TruFin to IMG values Playstack at around £125 million, or approximately $169 million. IMG's portfolio didn't previously include video game publishers but the company also owns the Fandom umbrella of brands, which includes Fandom, GameSpot, metacritic and more.…

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