Jagex
Liberty advises the management team of Jagex on their investment from CVC Capital Partners and Haveli Investments
Liberty Corporate Finance is delighted to announce they have advised the management team of Jagex, a leading developer and publisher of video games, on the investment by global private equity and investment advisory firm CVC Capital Partners (CVC Funds) and Haveli Investments.
Terms of the transaction were not disclosed.
Headquartered in Cambridge, Jagex employs over 700 people worldwide and creates forever games for PC, Mobile and Console that empower its communities. RuneScape, its flagship franchise has generated more than $1.5 billion in lifetime revenue, over its 23-year history. Jagex acquired Pipeworks and Gamepires in 2022, expanding its cross-platform capabilities and bringing its expertise in creating forever fans to SCUM, an open-world survival title in Steam Early Access. Jagex enjoyed a hugely successful 2023, with record subscribers for its RuneScape and Old School RuneScape titles and building its strong partnership with Gamepires ahead of Scum’s PC and Console launch in 2024.
Jeff, I and the whole Liberty team have been delighted to support the Jagex team on the transaction with CVC & Haveli; getting to work with the business and people responsible for such a legendary series as Runescape is extremely rewarding and we wish them every success as they take the business forward with their new partners.
Simon Hill
Partner
+44 (0) 7813 601 051
simon.hill@liberty-cf.com