Tencent Acquires Turtle Rock Studios
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Friday, December 17, 2021
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Tencent Holdings Ltd. (SEHK: 00700) (Tencent) has acquired Turtle Rock Studios (Turtle Rock) parent company, Slamfire, Inc., the companies announced today.
Key Points:
- Tencent Holdings Ltd. (SEHK: 00700) (Tencent) has acquired Turtle Rock Studios (Turtle Rock) parent company, Slamfire, Inc., the companies announced today.
- We are all looking forward to joining the Tencent family of studios, said Steve Goldstein, president and general manager of Turtle Rock Studios.
- Juno Capital Partners represented Turtle Rock as M&A and strategic advisor, Creative Artists Agency represented Turtle Rock as its talent agency and Straddling, Yocca, Carlson & Rauth and Kabealo Law acted as legal counsel for Turtle Rock in the transaction.
- Turtle Rock Studios is currently supporting its acclaimed co-op shooter, Back 4 Blood, in partnership with Warner Bros. Games.