About the Client
PLAYDEAD is a leading development studio of downloadable digital games for Microsoft XBLA, Sony Playstation Network and Steam platforms. LIMBO has been acclaimed by the industry for its unrivalled artistic creativity and won numerous awards including Best Downloadable Game, Best Graphics, Excellence in Visual Arts, and Technical Excellence at both E3 and GDC.
About the Deal
GP Bullhound acted as the sole financial advisor to the investors of PLAYDEAD on the sale of the Company to founders and management. Based on the strong performance and success of LIMBO, the PLAYDEAD founders and management have purchased the Company from the institutional shareholders.
“GP Bullhound provided top-notch advice throughout this process – their deep domain expertise in the Games sector is second to none.” comments Ulrik Jorring, a Managing Partner at Vaekstfonden, one of the selling shareholders comments.