Hunting for the Next
summary
Stillfront Group runs an alliance of independent studios that keeps decision making with game teams and acquires profitable, experienced teams that already run evergreen titles. The group lists 12 studios, $200M revenue, $50M profit and buys studios for $10M–$218M while helping scale live games (Babel grew ~10x after joining). Investment wins include a >10x return on Supercell in under five years. Ideal targets are medium‑to‑large studios, proven KPIs, and genre fit (strategy or evergreen casual).
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chapters (9)
- 0:00Introduction
- 1:53Games investing now
- 8:45Europe’s game dev talent
- 11:10Scalable games model
- 13:16Gaming business opportunity
- 16:53Monetization models
- 18:18Competitive games investing
- 19:41Defensibility in gaming
- 20:27Q&A
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47mWhat do investors and potential acquirers really look for?
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31mBetter Together: The Consolidation & M/A Panel
10mNordisk Film Games
25mHow to raise your own gamedev studio and survive 15 years and more (incl. 2020)
17mDiversifying Your Business Through M&A
43mGames industry consolidation and acquisition strategies
33mWhat Venture Capital Firms Look for in a Game Studio
