Everplay Announces £8M Acquisition, Reports Strong H1 2025 Results
Deal News | Jul 09, 2025 | Business Cloud
Everplay Group PLC, the parent company of the notable games studio Team17, has announced the acquisition of rights and assets for the action-adventure franchise Hammerwatch for £8 million from Crackshell, a Swedish studio. The deal forms part of Everplay’s strategy to optimize and expand this franchise within its Team17 division. Alongside this acquisition, Everplay has reported robust trading results for the first half of 2025, fueled by strong game releases including 'Date Everything!', 'Sworn', and 'Nice Day for Fishing'. These results have led the Everplay board to anticipate full-year outcomes slightly exceeding current market expectations. Additionally, Everplay has enhanced its gaming portfolio with the addition of 'Settlement Survival' and 'Operation Tango'. Niklas Myrberg, co-founder of Crackshell, will join Team17 to oversee the Hammerwatch franchise, expected to drive long-term growth and creativity.
Sectors
- Video Game Development
- Media and Entertainment
- Corporate Finance
Geography
- United Kingdom – Everplay Group PLC is based in Wakefield, UK, and has its primary operations and market presence in the UK.
- Sweden – Crackshell, the company from which Everplay acquired the Hammerwatch franchise, is a Swedish studio.
Industry
- Video Game Development – This industry is relevant as the article discusses Everplay's acquisition of IP and the performance of its games.
- Media and Entertainment – Includes information on the innovative media tech sector in the UK, highlighting advancements and achievements within Everplay and its portfolio.
- Corporate Finance – Involves financial transactions and strategic acquisitions as evidenced by Everplay's £8m deal.
Financials
- £8 million – The acquisition cost for the Hammerwatch franchise from Crackshell.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Everplay Group PLC | Buyer | Company | A UK-based public company and parent to Team17, known for its video game development and publishing. |
| Team17 | Target Company | Company | A developer and publisher within Everplay's portfolio, notable for games like Worms. |
| Crackshell | Vendor | Company | A Swedish video game studio selling the Hammerwatch franchise to Everplay. |
| Niklas Myrberg | Franchise Overseer | Person | Co-founder of Crackshell who will oversee Hammerwatch within Team17. |