HQ NETWORKXbox One | Xbox | C64 7,871 HQ Network UsersHQ Network: 7,871 | Members OnlineGuests: 4180 |Guests OnlineMembers: 0

  Active Topics  | Achievements  | Cheats  | Downloads  | Feedback  | Forums  | Games  | Hardware  | My Profile  | News  | Reviews  | Tutorials  | Leaderboards  | Videos

RuneScape developer Jagex joins CVC Capital Partners an..

Catch up on everything Xbox including the latest Gaming News, Release Dates, DLC, Xbox Live and Modding..

Browse All News |  Write for Us |  Most Popular |  Browsing: 197 SEARCH XBOX NEWS:      
Get Xbox Game Pass Ultimate

RuneScape developer Jagex joins CVC Capital Partners and Haveli Investments

RuneScape developer Jagex joins CVC Capital Partners and Haveli Investments
Published by BigJ on Friday, March 22, 2024
Tagged: Gaming, Xbox One,

Leading video game developer and publisher, Jagex, is set to join CVC Capital Partners and Haveli Investments, global private equity and investment advisory firms. The terms of the deal are undisclosed. Jagex enjoyed a hugely successful 2023, with record subscribers for its RuneScape and Old School RuneScape titles and building its strong partnership with Gamepires ahead of Scum’s PC and Console launch in 2024.

RuneScape developer Jagex set to join CVC Capital Partners and Haveli Investments

Headquartered in Cambridge, Jagex employs over 700 people worldwide
and creates forever games for PC, Mobile, and Console that empower its communities. RuneScape, its flagship franchise has generated more than $1.5 billion in lifetime revenue, over its 23-year history. Jagex acquired Pipeworks and Gamepires in 2022, expanding its cross-platform capabilities and bringing its expertise in creating forever fans to SCUM, an open-world survival title in Steam Early Access.

CVC Capital Partners, headquartered in Luxembourg, is one the world’s largest private equity firms, with over €188bn assets managed within its portfolio. With investments in the global sports field, such as the Gujarat Titans, LaLiga, Lique De Football Professionnel, Premiership Rugby, and the Women’s Tennis Association (WTA), CVC Capital Partners has rich form in growing fan-focused businesses on the global stage. CVC Capital Partners will support Jagex by leveraging its expertise and resources to assist the company’s continued subscriber and revenue growth, alongside its community-driven philosophy as it looks to build upon the success of RuneScape and Old School RuneScape and create more forever games under the Jagex brand.

Haveli Investments is an Austin-based private equity firm that seeks to partner with innovative companies, entrepreneurs and management teams. Haveli’s Gaming Fund has previously invested in London-based Omeda Studios, whose title Predecessor is currently in Early Access, Montreal-based Behaviour Interactive, the developer and publisher behind the hit online, genre-leading horror game Dead by Daylight and Tel Aviv-based Candivore, the developer and publisher of the category-leading mobile hit Match Masters. Jagex was acquired by Carlyle in 2021, supporting Jagex with the acquisitions of Pipeworks and Gamepires in 2022, while Jagex continued to deliver year-on-year performance gains.

Phil Mansell, CEO, Jagex, said, “I’m delighted to welcome CVC Capital Partners and Haveli Investments as strategic partners for Jagex. CVC and Haveli will help Jagex build on our portfolio of forever games, furthering our aims of supporting and growing our community of forever fans. Together we’ll create more of the experiences our fans love, innovate to empower our players further, and build new forever games that capture imaginations.” He continued, “The support from Carlyle has been exceptional, and that success has positioned Jagex for the future. With the continued growth of our flagship RuneScape franchise, we’re crafting more adventures to delight our forever fans, and we’re excited about the future, as we create new experiences that play to our strengths of putting our communities at the heart of everything we do.”

Find more video games industry news, and events by following @XONEHQ on X, Reddit, Facebook, Instagram, Pinterest, and subscribe on YouTube. You can also install our free Xbox News app for Android.

( Subscribe via )

Associated Topics

GamingXbox One

Rate this Article

Average Score: 0 | Votes: 0


 Printer Friendly Printer Friendly  Send to a Friend Send to a Friend
Xbox Game Pass
Get Xbox Game Pass Ultimate for $1

Latest Xbox 360 News

Xbox 360 NewsCyberpunk Action Game SPINE coming to Xbox Series X|S, PS5 & PC
SPINE (@playspine), a new story-driven beat 'em up game from developer Nekki, is heading to Xbox Series X and S, PlayStation 5 and PC via Steam in late 2025. SPINE focuses on intense close-quarters g..

'Hauntii' Hits Game Pass for PC And Console on ..

The Night Wanderer and Thorgal - two new games ..

CAPES releases this month on Xbox X|S, XB1, PS5..

Highway Police Simulator launches for Xbox Seri..

Xbox 360 News | Submit News

Xbox 360 News Archive

   Wednesday, May 08
 ESDigital Games and Storm in a Teacup team up

   Tuesday, May 07
 Xbox360'Realm of Ink' Reveils New Map Trailer, Invit

   Monday, May 06
 Xbox360Puppet House creeps onto Xbox Series, PS5, an

   Friday, May 03
 Xbox360Toopan Games Unveils 2025 Release for 'Multiv

   Thursday, May 02
 Xbox360F1 Manager 2024 coming to Xbox X|S, XB1, PS4|
 System Shock remake arives May 21st on Xbox S

   Wednesday, May 01
 Xbox360AAA Multi-IP Battle Royale “OPEN” confirmed f
 Chrysolite announced for to Xbox Series, Play

   Tuesday, April 30
 Xbox360INDIE Live Expo Reveals First 2024 Showcase,

   Monday, April 29
 Xbox360Demolish & Build 3 is coming to Xbox, PlaySta

   Friday, April 26
 Xbox360Killer Klowns From Outer Space: The Game laun

   Thursday, April 25
 Xbox360Sleight of Hand launches Day One on Xbox Game
 Space Invaders Deck Commander - The Board Gam

   Wednesday, April 24
 Xbox360devcom announces new venue, call for speakers

   Tuesday, April 23
 Xbox360Dune: Awakening Shows Off Stunning Unreal Eng

   Monday, April 22
 Xbox360Metro Simulator 2 is coming soon for Xbox and

   Thursday, April 18
 Xbox360Terminator: Survivors confirmed for Xbox Seri

   Wednesday, April 17
 Xbox360Build Your Empire: 'Rise of Industry 2' Comin

   Tuesday, April 16
 Xbox360Epic Fantasy RPG 'Dungeons of Hinterberg' is

   Monday, April 15
 Xbox360Delta Force: Hawk Ops gets a brand new traile
 Perennial Order is set to bloom on Xbox Serie

   Friday, April 12
 Xbox360Umbraclaw hits Xbox, PlayStation, Switch & PC

   Thursday, April 11
 Xbox360TMNT: Wrath of the Mutants Hits XBOX, PlaySta
 GIC’24 Early Bird Tickets Now Available

   Wednesday, April 10
 Xbox360Mars 2120 launches out of Early Access onto a

   Tuesday, April 09
 Xbox360Die by the Blade Slashes Its Way onto PC in M

   Monday, April 08
 Xbox360Strike Gold with the Call of Duty Gold & Silv
 Neptunia: Sisters VS Sisters Arrives May 21st

   Thursday, March 28

   Tuesday, March 26
 Xbox360Explore the World of Ink Painting in Realm of

See All Xbox 360 News | Xbox 360 News Archive

HQ Network Affiliates

Xbox One Games
Xbox One X Games
Commodore Cardboards
Xbox Achievements
Xbox One Forums
Xbox Series X|S News
Xbox 360 Cheats
Xbox Cheats
Xbox 360 Achievements
Xbox 360 Cheats
View All HQ Affiliates
Get Xbox Game Pass Ultimate for $1