Today publisher tinyBuild notorious for publishing lots of incredible indie titles has acquired both Versus Evil and Red Cerberus. Versus Evil is best known for The Banner Saga and Pillars of Eternity.
The acquisitions will add the following to tinyBuild:
Maximum consideration up to $31.3m ($12.5m upfront + $18.8m in earnouts over three years)
Versus Evil will continue as complementary publishing label, experienced in RPGs and turn-based strategies
The acquisition adds 32 titles to tinyBuild’s portfolio, diversifying into new genres
tinyBuild’s staff more than doubled since IPO to >400
Red Cerberus is an internal testing and QA studio used by VersusEvil and will provide tinyBuild with QA support on future games.
Alex Nichiporchik, co-founder and CEO of tinyBuild stated following the deal:
“Back in March we laid out a very clear strategy: we want ambitious founders to join us and help bring the company to a new level, together. This included several pillars for our M&A strategy, 3 of which are: a complimentary publishing label, an in-house service provider, and strategic expansion into emerging regions such as South America. With Versus Evil and Red Cerberus we achieve these 3 strategic goals. Steve Escalante is an industry veteran and built this great business, and we’re here to help take it to the next level. Welcome to the orange family!”
Steve Escalante, founder and General Manager of Versus Evil stated following the deal:
“The joining of tinyBuild couldn’t have come at a better time. By infusing capital and investing in more titles, I am very excited about the opportunities that will open up for Versus Evil as a publisher.
tinyBuild is currently working on titles such as Despot's Game: Dystopian Army Builder and Hello Neighbor 2.
Adam Siddiqui,
Managing Editor, NoobFeed
| Platform(s): | PC |
| Publisher(s): | tinyBuild |
| Developer(s): | Konfa Games |
| Genres: | Tactical, Real-Time |
| Themes: | Dystopian |
| Release Date: | 2021-10-14 |
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