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DOUBLE ACQUISITION FOR TEAM17

06 January 2022

Listed game developer Team17 has agreed a pair of acquisitions.

The company has agreed to acquire The Label, a US-based indie publisher specialising in mobile subscription games, content for an initial consideration of $24m (£17.8m), with additional earn out consideration of up to a maximum of $16m (£11.8m) over the next three years.

San Francisco-based The Label was a launch partner to both the Apple and Google subscription gaming services.

More info: Double acquisition for Team17 | Yorkshire Deals News | Insider Media

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