Dovetail Games, situated in Kent, United Kingdom, was acquired by the French gaming company Focus Entertainment, as was recently disclosed.
The business announced that it has completed the acquisition of Dovetail’s parent firm, Railsimulator.com, in its entirety.
Dovetail Games is perhaps best recognized for its several train simulation video game franchises, including but not limited to Train Sim World and Train Simulator, as well as others.
Neither party has disclosed the acquisition price.
On the other hand, Focus is well-known for being the publishing company that was responsible for recent bestsellers like Atomic Heart, A Plague Tale: Requiem, and a number of other titles.
Both parties have been adamant about maintaining their silence over any numbers related to the acquisition, including the price. On the other hand, Focus disclosed in a press release that the price “is consistent with the current market multiples.”
In addition, the publisher has announced that there will be “an upfront payment primarily paid in cash, as well as price complements based upon company performance” as part of the acquisition.
“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.