THQ Nordic has a clear growth strategy and a long and successful history of acquiring game franchises, development studios, publishing, and partner publishing companies. The acquisition of 18POINT2 means that THQ Nordic and Koch Media expands their global network and establishes a local platform for continued development in Australia and New Zealand. This is in line with the long-term global growth strategy.
18POINT2 is considered as one of the most experienced and reputable teams on the local market. The Company acts as partner to leading international brands. Roger Clarke, who has previously held executive positions within Warner Bros. Home Entertainment Group, founded 18POINT2 during 2016 which today has 8 employees. The company is owned by Roger Clarke and Cahn Hewitt, both of whom will continue leading the Company.
Through the acquisition, THQ Nordic expands its network of local publishing partners to new exciting markets with great potential outside of Europe and USA. The acquisition also provides an opportunity to launch current portfolios of gaming products to new markets and gives Koch Media’s partners within development, publishing and distribution, a chance to further develop a collaboration with local publishing expertise. The acquisition also creates an opportunity for Australian game developers to work with a local publishing office,
”THQ Nordic and Koch Media will through the acquisition access an established platform on an exciting and growing market. We see great opportunities to establish us on a new market and through local engagement being able to offer the use of THQ Nordic’s global channels to Australian game developers. We look forward to working with Roger Clarke and his team” says Lars Wingefors, Group CEO THQ Nordic.
”We look forward to, together with THQ Nordic and Koch Media, strengthen our position on the Australian and New Zealand markets. We believe that THQ Nordic’s and Koch Media’s experience will contribute to continued profitable growth for 18POINT2 in the future”, says Roger Clarke, CEO 18POINT2.