Digital Entertainment Company Modern Times Group Acquires Snowprint Studios, Makers of Warhammer 40,000: Tacticus
Swedish studio Snowprint Studios, the creators of the award-winning mobile game Warhammer 40,000: Tacticus, has been acquired by digital entertainment company Modern Times Group (MTG). With this acquisition, MTG now holds a 70% majority stake in Snowprint and will incorporate the studio into MTG’s Gaming Village concept. Snowprint’s co-founders, Patrik Lindegrén and Alexander Ekvall, who have extensive experience in the mobile gaming industry, previously worked with Candy Crush developer King. The studio will continue to be led by Lindegrén and Ekvall, along with studio general manager and game director Wilhelm Österberg.
Warhammer 40,000: Tacticus is a strategy game based on the popular IP created in 1983 by British tabletop game designers Bryan Ansell, Richard Halliwell, and Rick Priestley. The IP has expanded to include books, games, audio dramas, and more. Tacticus, a sci-fi spin-off of the original system, has gained global prominence and is now Snowprint’s most notable title.
Aleksander Ekvall, CEO of Snowprint, expressed his enthusiasm for the acquisition, stating, “We have found the perfect owner in MTG, with a management philosophy and company culture that resonates with us as game makers. My team and I are proud of Snowprint’s growth from a startup to a leading scaled independent mobile studio. We believe that MTG is the right home for Snowprint, as it allows us the freedom to continue building great games while providing access to a wide range of resources that can accelerate our portfolio’s growth.”
MTG plans to focus on growing Warhammer 40,000: Tacticus, leveraging its success and potential for cross-promotion with other mid-core titles in its portfolio. Maria Redin, spokesperson for MTG, stated, “Snowprint fits perfectly in our portfolio. Warhammer 40,000: Tacticus is a fast-growing young game that has resonated with players and media alike. We see significant opportunities for its growth by offering Snowprint access to the tools and knowledge within our group.”
This acquisition represents a clear path forward for Snowprint Studios, with MTG supporting the expansion of Warhammer 40,000: Tacticus onto new platforms and promoting it alongside other mid-core games. MTG’s vision for Snowprint Studios demonstrates their confidence in the future success of the award-winning title.
During Pocket Gamer Connects Helsinki 2023, Rise & Play’s Sophie Vo provided insights into the nature of acquisitions and how studios can prepare for them.