CVC Capital Partners is said to be in talks to acquire Jagex, a prominent game studio.
According to reports from Sky News, the proposed deal is valued at £900 million, marking CVC’s potential acquisition of the developer from Carlyle Group.
A formal agreement on CVC’s purchase of a controlling stake in Jagex could be reached within days.
This move aligns with CVC’s strategic focus on investing in intellectual property (IP) with a global reach.
The news emerged just five months after Carlyle Group signaled its intention to offload Jagex, a move that comes merely two years after the group’s initial acquisition.
At the peak of its valuation, Jagex was estimated to be worth as much as £1 billion.
