French gaming giant Focus Entertainment has announced its acquisition of the Kent, UK-based Dovetail Games.
The company revealed that it has acquired 100% of Dovetail’s parent company, Railsimulator.com. Dovetail Games is most popularly known for its various franchises in the train sim genre, such as Train Sim World, Train Simulator, and more. On the other hand, Focus is known for being the publishers behind recent hits such as Atomic Heart, A Plague Tale: Requiem, and more.
Both parties have refused to divulge any numbers of the acquisition, such as its price. However, in a press release, Focus revealed that the price, “is consistent with the current market multiples.” Furthermore, the publisher has also stated that the acquisition contains “an upfront payment mainly paid in cash, as well as price complements based upon company performance.”
We are proud to announce the acquisition of Dovetail Games, and pleased to welcome these talented and passionate teams into the Focus Group! https://t.co/dd3horzERJ
— Focus Entertainment (@Focus_entmt) April 20, 2023
“We are extremely pleased to welcome the talented and passionate teams from Dovetail Games into the Focus Group,” said Sean Brennan, CEO of Focus Entertainment. “The studio and its IPs are a very good fit for us and a worthy complement to the Focus lineup and strategy, with unique, compelling and definitive sim games celebrated by players all around the world.”
Following the acquisition, Focus has confirmed that key senior managers including Dovetail Games CEO Jon Rissik will continue to run the company in the future.
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