THQ Nordic acquired Goodbye Kansas Game Invest for $4.4M.

Sweden M&A 14 August 2019
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THQ Nordic, a Nordic game developer headquartered in Vienna, Austria, announced in a press release the acquisition of Goodbye Kansas Game Invest AB.

The purchase price will be SEK 42.4 million ($4.4M), and includes a portfolio of five minority investments in early-stage development studios; Palindrome Interactive, Fall Damage, Neon Giant, Kavalri and Framebunker as well as royalty rights to THQ Nordic's upcoming game Biomutant.

Goodbye Kansas Game Invest AB, led by CEO Peter Levin, was founded in 2016 as an investment company focusing purely on Nordic gaming companies under the umbrella of Goodbye Kansas AB, together with Goodbye Kansas Studios and Infinite Entertainment.