EMBRACER GROUP TO ACQUIRE DARK HORSE COMICS

[ 22 December 2021 ]

Embracer Group AB, owners of Borderlands creator Gearbox Software, will acquire Dark Horse Media, publishers of the Tomb Raider comic book series starring Lara Croft, the company has announced. Due to commercial reasons the specific transaction terms are not disclosed. The transaction will be accretive to adjusted earnings per share.

"I can't express the excitement I feel as Dark Horse moves into this new chapter in our history. The synergies that exist with the Embracer network of companies promises exciting new opportunities not only for Dark Horse, but also for the creators and companies we work with. I've had a number of compelling conversations with Embracer CEO Lars Wingefors and I'm very impressed with him and what he and his team have built. I have to say, the future for our company has never looked brighter," says Mike Richardson, founder and CEO of Dark Horse.

Embracer Group AB is a Swedish video game holding company based in Karlstad. Through the acquisition of Dark Horse Media, Embracer will "strengthen its transmedia capabilities by adding expertise in content development, comics publishing, and film & TV production. Dark Horse owns or controls more than 300 intellectual properties, many of which can build a strong foundation for the future development of transmedia IPs and the opportunity to cross-fertilise IP and strengthen licensing partnerships across PC, console, VR and mobile."

Dark Horse