News
Nordisk Games acquires Flashbulb Games
COPENHAGEN - November 29, in the year of our Lord 2021
– Copenhagen-based Nordisk Games has acquired the Danish games
studio Flashbulb Games, having previously invested 16.5 million DKK
in the studio for a 43% stake. Depending on the studio’s financial
performance in the coming years, the 100% acquisition price can
amount to several hundred million DKK.
”Flashbulb is a studio packed with talented and experienced
developers, who understand and enjoy the challenge of creating
really unique games and turning them into commercial success. Having
collaborated really well for the past five years we were keen to
increase our involvement, which led to the discussion with the
founders to acquire 100% of the studio. We now very much look
forward to continuing to work together for many years to come,” said
Martin Walfisz, Senior Partner at Nordisk Games and chairman of
Flashbulb Games.
Flashbulb Games are best known as the creators of Trailmakers, an
innovative open-world physics-based game where players can build
vehicles through a simple drag and drop system and use them to
explore and compete. Its latest game, Rubber Bandits, is a
cross-platform multiplayer party game launching on Xbox, Playstation
and Steam on December the 2nd. The studio was founded in 2016 by
Rune Dittmer, Ole Teglbjærg, Mikkel Thorsted and Lasse Outzen, who
had previously worked together at Press Play.
“Nordisk Games were the first to invest in us not long after we
founded the studio, and they have always been super-supportive while
at the same time being happy to let us dictate the direction of the
business. In a way, becoming a full part of Nordisk Games will be no
different to our experiences of working with Martin and Sofie on the
board, and the rest of the Nordisk Games team. You could say that we
have been dating for the last few years, and now we are finally
getting married,” said Rune Dittmer, Managing Partner & Co-Founder
at Flashbulb Games.
Nordisk Games is owned by the entertainment company Nordisk Film,
which is a part of Egmont, a leading Nordic media group. In recent
years Nordisk Games has built a high growth portfolio of minority
and majority-owned game studios that includes Avalanche Studios
Group, Supermassive Games, Star Stable Entertainment and
MercurySteam. To date, Nordisk Games has invested more than €200
million in games studios based across Europe, with more than 1,100
talented employees.
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