Private equity firm CVC reportedly spends £900m on veteran MMO developers
Image credit: Jagex
Jagex, the British developers of veteran fantasy MMO RuneScape, have announced their acquisition by a potentially surprising new owner: the private equity firm best-known for owning major sports brands including Six Nations Rugby, Spanish football league LaLiga, French football governing body Ligue de Football and the Women’s Tennis Association. The deal was reportedly closed for almost a billion pounds.
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Jagex confirmed their sale to private equity firm CVC Capital Partners, who apparently own around €188 billion worth of assets, and fellow investors Haveli Investments – who have previously invested in studios including Dead by Daylight creators Behaviour interactive – following reports last September that current owners The Carlyle Group were looking to sell the Cambridge-based studio after acquiring them in 2021. Before that, Jagex very briefly passed through the hands of US global management company Macarthur Fortune Holding in 2020, having been variously owned by Chinese and US investors for the previous eight years.
Of course, Jagex have been kicking around for a lot longer than that, marking their 25th anniversary this year. RuneScape itself was launched in ear
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