Supercell actively evaluating M&A opportunities

Brawl Stars developer Supercell is actively evaluating M&A opportunities, the company’s investments lead has told PocketGamer.biz.

In an interview following the brand refresh of its Supercell Investments arm, Jaakko Harlas said that as well as investing in early-stage companies, it’s also keeping an eye on M&A opportunities with more mature studios.

Last year, the developer completed the 100% acquisition of London studio Space Ape Games, forming the foundation of Supercell London. Other past acquisitions include Frogmind, now  HypeHype, Love & Pies developer Trailmix, and Ultimate Studio.

The company has also made a number of investments previously, including funding for Applivery, Appcharge, Bitmagic, Future Run, Metacore and more.

Investment strategy

Through its investments arm, Supercell is looking to back teams of all backgrounds, sizes and locations across a broad range of stages, from pre-seed and seed to later-stage opportunities. Supercell can act as the sole investor, or join others in a funding round. M&A deals also remain on the table.

“Our strategy has not changed,” said Harlas. “On the early-stage side, we continue to look for exceptional, ambitious founders with the talent and drive to build category-defining games. In parallel, we’re keeping an eye on M&A opportunities with more mature studios.

“As a strategic investor, we invest when the right team and the right opportunity come together.”

He added: “We invest from our own balance sheet, giving us the flexibility to tailor investment size to the opportunity from small pre-seed tickets to larger growth rounds. We're also actively evaluating M&A opportunities.”

You can read our full interview with Harlas about Supercell Investments right here.