Sumo Group completed the acquisition of Pipeworks from Northern Pacific, DGB and St Cloud for $100m.

Sumo Group, a video game developer, completed the acquisition of Pipeworks, a video game studio, from Northern Pacific Group, DGB and St Cloud, three private equity firms, for $100m. The acquisition gives Sumo a significant and well-established presence on the West Coast, from which to expand in the US market, and brings an abundance of valuable experience to the Group. The addition of its 134-strong team takes Sumo Group’s headcount to just short of 1k, a major step forward in the company’s growth strategy. "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," Carl Cavers, Sumo Group CEO.