Thunderful Group Acquires Jurassic World Aftermath Developer

Thunderful Group - which comprises Image & Form (SteamWorld, The Gunk), Zoink (Lost in Random, Fe), and a publishing arm - has acquired Coatsink, creators of Jurassic World Aftermath, Esper, and more. A press release reveals that Thunderful Group will pay £23 million (approximately $29.7 million USD) upfront, with earn-out components potentially raising the sale price to a maximum of £65.5 million ($84.8 million). [ignvideo url="https://www.ign.com/videos/2016/03/23/esper-2-official-trailer"] Coatsink is a UK-based developer/publisher which has specialised somewhat in VR games. It's developed Jurassic World Aftermath, Esper, and Esper 2, as well as supported development of Gang Beasts and Kingdom: Two Crowns. It's also published the likes of Cake Bash, Phogs, Get Packed, and Onward. Coatsink is currently working on 5 announced and unannounced projects. It will remain an independent studio after the acquisition. Thunderful made the acquisition in order to expand its games segment. "We have established a good relationship with the founders and key personnel of Coatsink and believe that their strong work ethics and corporate culture will be a very valuable strong complement to Thunderful’s existing businesses. Although it’s just a first step, this is a good example of how we intend to leverage the Group’s powerful cash flow going forward”, said CEO Brjann Sigurgeirsson. Thunderful was set up in 2018, initially to bring Image & Form and Zoink into one company, and the two best friends that run each company. [poilib element="accentDivider"] Joe Skrebels is IGN's Executive Editor of News. Follow him on Twitter. Have a tip for us? Want to discuss a possible story? Please send an email to newstips@ign.com.

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