MENU
back to ALL NEWS

Thunderful Group Has Acquired Station Interactive

M&A | ANNOUNCEMENT DATE: 13 NOV 2020
WRITTEN BY | 15 Nov 2020
Thunderful Group Has Acquired Station Interactive
M&A
5 OCT 2020
Thunderful Group Acquires Coatsink For Up To $84.7m
img

💵 Acquisition

  • Sweden-based indie games publisher Thunderful Group AB Through its subsidiary Thunderful Development AB has acquired Swedish multiplatform game developer and service provider Station Interactive AB for an undisclosed sum

  • As a result of the deal, Thunderful acquires all assets and IPs of the studio and welcomes all the Station Interactive’s team on board

🎲 Products

  • Station Interactive AB is a multiplatform game developer, mostly known for its outsourcing projects, including:

    • LittleBigPlanet — a series of puzzle-platformers with several DLCs, available in PlayStation Store

    • Run, Sackboy! Run! — a mobile runner, based on the LittleBigPlanet universe

    • Snipers VS Thieves — mobile action game

  • However, the studio also works on its own titles. Launched in April 2018, mobile FPS game Sniper Extinction is the only released in-house project of the studio:

    • The game has been downloaded about 143k times, with 94k downloads coming from Google Play and 49k from AppStore

    • The peak of the downloads was on January 2019, reaching 23k downloads. After that, the numbers declined dramatically and stabilized at the point of about 3k per month, which remains so to this day

  • Currently, Station Interactive is working on its second in-house project called Righteous, which is going to feature a young woman’s journey through the horrors of WWII

💵 Thunderful Group’s Previous Deals

  • In October 2020, Thunderful Group acquired Sunderland-based game developer and publisher Coatsink for up to $84.8m including earn-out

  • In February 2020, Thunderful Group acquired Skövde-based game developer Guru Games for an undisclosed sum

  • In July 2018, Thunderful Group acquired Hitchin-based game  developer and publisher Rising Star Games for an undisclosed sum

SOURCES: THUNDERFULGROUP, GAMESINDUSTRY

Read more
23 March 2021
Thunderful Group Has Closed Headup Acquisition
💵 Acquisition Sweden-based indie games publisher Thunderful Group AB Through its subsidiary Thunderful Development AB has acquired ...
READ MORE
M&A
19 November 2020
Thunderful Group Prepares For IPO On NASDAQ First North At $...
💵 Acquisition Sweden-based indie games publisher Thunderful Group AB Through its subsidiary Thunderful Development AB has acquired ...
READ MORE
PUBLIC OFFERING
Station Interactive AB
  • Established in 2013

  • Headquarters — Karlshamn, Sweden

  • Team of 35 employees

  • Founded by Mattias Nygren

  • Indie games publisher

Thunderful Group
  • Established in 2017

  • Headquarters — Gothenburg, Sweden

  • Team of 170 employees

  • Founded by Brjánn Sigurgeirsson, Klaus Lyngeled

  • Indie games developer and publisher