RuneScape developer Jagex acquired for £900 million

by Danny Craig  · 
RuneScape developer Jagex acquired for £900 million

CVC Capital Partners and Haveli Investments have announced the acquisition of Jagex, the developer of the MMORPG RuneScape, for £900 million.

The details:

  • Reports of the acquisition first surfaced earlier this week (via Sky News), when it was claimed that former owner Carlyle Group had reached an agreement with Luxembourg-based private equity firm CVC Capital Partners. The company owns more than €188 billion in assets, including investments in the Six Nations Rugby Tournament, La Liga Spanish soccer league, and the Hermes courier service.

  • CVC has now confirmed the acquisition alongside Haveli Investments, an Austin, Texas-based firm that has invested in several gaming companies, including Omeda Studios and Behaviour Interactive. The specific terms of the acquisition have not yet been made public.

  • Jagex, which was founded in 1999, has had many owners over the years, with Insight Venture Partners becoming a majority shareholder in 2012, selling to Hongtou in 2016, then selling to Macarthur Fortune Holding in 2020, before being passed onto Carlyle in 2021. Carlyle reportedly hoped for a £1 billion evaluation for Jagex when it began its attempts to sell the company last year.

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