RCS - Everplay Group plc - Acquisition and Strategic Partnership

EverplayAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251211:nRSK0739La&default-theme=true

RNS Number : 0739L  Everplay Group plc  11 December 2025

RNS Reach

11 December 2025

everplay group plc

("everplay" or the "Group")

 

Acquisition of a minority stake in Super Media Group and formation of

a strategic partnership with Bulkhead

 

everplay, a leading global independent games developer and publisher of
premium video games, is pleased to announce the acquisition of a 20% minority
stake in Super Media Group ("SMG") for a total consideration of £2.0 million.

 

SMG comprises of Bulkhead - an independent UK-based, first-person shooter
("FPS") specialist game developer. The studio has been acquired from Tencent
by a newly-formed consortium comprising SMG, everplay and HIRO Capital.

 

Founded in 2014, Bulkhead has proved itself to be a best-in-class developer of
indie FPS titles, including Battalion 1944. The FPS genre is one of the
biggest and most dynamic in the gaming sector and Bulkhead has invested in
proprietary Unreal Engine tooling with its 'War Tech Framework', enabling
faster FPS development cycles built around realistic FPS mechanics.

 

Alongside everplay's equity investment, the Group will partner with the studio
on a new title. Wardogs is a high-quality, Unreal Engine 5 All Out Warfare
multiplayer FPS to be published by Team17, planned for Early Access release on
PC in 2026 and a full multi-platform release in 2027. In addition, the Group
is exploring co-development opportunities for future titles within Team17's
best-selling Hell Let Loose franchise.

 

Frank Sagnier, Interim Executive Chair of everplay, commented:

 

"This partnership reinforces everplay's existing strong position within the
FPS genre. Collaborating with the exceptional Bulkhead team secures incredible
new game content, while our equity stake in SMG speaks to our commitment to a
long term relationship with the studio, the FPS genre and the Hell Let Loose
franchise. The transaction is fully aligned with our focus on growing
first-party IP revenues and disciplined capital deployment, while providing a
highly attractive return on investment."

 

 

Enquiries:

 

 everplay group plc                                                      ir@everplaygroupplc.com (mailto:ir@everplaygroupplc.com)

 Frank Sagnier, Interim Executive Chair

 Rashid Varachia, Chief Financial Officer and Chief Operating Officer

 James Targett, Group Investor Relations Director

 Peel Hunt (Nominated Advisor and Joint Corporate Broker)                +44 (0)20 7418 8900

 Neil Patel / Benjamin Cryer / Kate Bannatyne

 Jefferies International Limited (Joint Corporate Broker)                +44 (0)20 7029 8000

 Philip Noblet / Will Brown

 Vigo Consulting (Financial Public Relations)                            +44 (0)20 7390 0233

 Jeremy Garcia / Fiona Hetherington

 everplay@vigoconsulting.com (mailto:everplaygroup@vigoconsulting.com)

 

 

About everplay group plc

everplay group plc (formerly Team17 Group plc) is an award winning and leading
global indie games label developer and publisher of premium video games and
apps, comprising three distinct divisions: Team17, astragon and StoryToys.
Team17 is a games developer, publisher and creative partner for indie
developers around the world, known for iconic IP such as Hell Let Loose, Worms
and Overcooked!. astragon is a leading games publisher, developer and
distributor of sophisticated working simulation games, including Construction
Simulator and Police Simulator, targeting a broad audience from young
enthusiasts to technical experts and casual gamers. Story Toys is a
world-class developer and publisher of educational entertainment apps,
bringing the world's most popular characters, worlds and stories to life for
children under the age of eight, with apps including Disney Colouring World
and LEGO® Bluey™.

 

Visit www.everplaygroupplc.com (http://www.everplaygroupplc.com/)  for more
information or follow us on LinkedIn: everplay group plc
(http://www.linkedin.com/company/everplay-group-plc)

 

About Super Media Group

Super Media Group comprises of Bulkhead, an independent FPS specialist
development studio led by Joe Brammer, Kevin Chandler and Mark Pinney. Founded
in Derby, UK in 2014 with just six developers, Bulkhead has grown to more than
100 employees over ten years. Its portfolio includes The Turing Test,
Battalion 1944, and Killrun. Bulkhead has been named one of the UK's Best
Places to Work by GamesIndustry.biz for two consecutive years. everplay group
plc and HIRO Capital are founding shareholders in Super Media Group, securing
minority stakes in the company alongside the acquisition of Bulkhead.

 

About Hiro Capital

Hiro Capital is a founder-led London and Luxembourg based Venture Capital firm
investing in the Superabundant future of humanity. Hiro invests from Series A
to Series C / Scale-Up, in our specialist thematic sectors of AI, Spatial
Computing, Autonomy, Robotics, Longevity, Augmentation, Games, Simulation and
Space & Defence technologies. We focus on entrepreneurs and innovators in
the broadly defined Europe+ region, which includes the EU, UK, Norway,
Switzerland and Ukraine. We are founders & leaders who back Founder
Leaders. We are optimists and futurists. We believe that Europe+ can and
should be a global leader in the next phase of human evolution, enabled by
technology. We know that people's creativity, ambition and entrepreneurship
will build better human societies.

 

Contact: media@hiro.capital (mailto:media@hiro.capital)

 

 

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAQBLFFELLXFBB



            Copyright 2019 Regulatory News Service, all rights reserved