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16 Oct 2020 17:33
16 October 2020
SUMO GROUP PLC
("Sumo Group", or the "Group")
Pipeworks completion
Following the announcement on 15 October 2020, Sumo Group, the award-winning provider of creative and development services to the video games and entertainment industries, today announces that the acquisition of Lake Street Labs Buyer Corp, the owner of Pipeworks Inc. ("Pipeworks"), has now completed.
Carl Cavers, Chief Executive Officer of Sumo Group, said:
"Pipeworks is an exciting addition to the Group and we welcome Lindsay Gupton, the CEO of Pipeworks, and his team to Sumo Group. We have already started to explore specific opportunities with clients and we look forward to creating great games together."
Enquiries: | |
Sumo Group plc | Via Belvedere Communications |
Carl Cavers, Chief Executive Officer | |
David Wilton, Chief Financial Officer | |
Zeus Capital Limited (Nominated Adviser & Joint Broker) | |
Nick Cowles / Richard Darlington / Andrew Jones | Tel: +44 (0) 161 831 1512 |
Ben Robertson / John Goold | Tel: +44 (0) 203 829 5000 |
Investec Corporate & Investment Banking (Joint Broker) | |
David Flin / Bruce Garrow | Tel: +44 (0) 207 597 5970 |
Belvedere Communications Limited |
|
Cat Valentine | Tel: +44 (0) 7715 769 078 |
Keeley Clarke | Tel: +44 (0) 7967 816 525 |
Llew Angus | Tel: +44 (0) 7407 023 147 |
sumopr@belvederepr.com | |
About Sumo Group - www.sumogroupplc.com
Sumo Group's businesses provide acclaimed development and design services to the video games and entertainment industries from studios in the UK, India, Canada and the US.
Sumo Digital, as the Group's primary business, is one of the UK's largest independent developers of AAA-rated video games, having studios in Sheffield, Newcastle, Nottingham, Leamington Spa, Warrington and Pune, India. The business has acquired three studios since IPO, which operate under their own names, BAFTA award-winning The Chinese Room in Brighton, Red Kite Games in Leeds and Lab42 in Leamington Spa. Sumo Digital provides turnkey and co-development solutions to a global blue-chip client base.
Atomhawk is a multi-award-winning visual design company, with studios in Newcastle and in Vancouver (Canada), servicing the games, film and visual effects industries.
Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. It provides full development, co-development, and live operations to premier video game publishers and other partners.
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