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Jagex CEO Reassures Players Amid Acquisition: No Plans to Alter RuneScape Games' Business Models

2/12/2024

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image by Jagex @ RuneScape.com
For those who may have missed the announcement, on Friday, February 9, it was confirmed that Jagex was being acquired by CVC Capital Partners and Haveli Investments from investment firm Carlyle. According to a news release, CVC is described as "a leading global private markets manager" with approximately €188 billion (around $202.5 billion or £160.5 billion) of assets under management.

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Phil Mansell, the CEO of Jagex, has provided reassurance to players of the company's massively multiplayer online role-playing games, RuneScape and Old School RuneScape, regarding the impact of the acquisition on the games. Specifically, Mansell stated that there are no plans to alter the business models of the games.

Meanwhile, Haveli Investments is a private equity firm that launched a "Gaming Fund" in 2022 and has previously invested in studios like Behaviour Interactive, the creators of Dead by Daylight, and Omeda Studios, the developers behind the early-access multiplayer online battle arena (MOBA) Predecessor.
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Upon announcing the acquisition of Jagex, Nick Clarry, the managing partner and head of CVC’s sports, media, and entertainment team, expressed confidence that the acquisition will help unlock Jagex's full potential in the years ahead. Clarry mentioned plans to enhance the existing RuneScape games, expand accessibility across various platforms, and invest in new intellectual property content to create innovative games in the future. The specifics of these plans are yet to be revealed.
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