New investor for Sumo Digital

Sumo Digital has announced changes among its investors, with Perwyn LLP now on board supporting the studio.

Perwyn has acquired its share from previous investor NorthEdge Capital, which backed Sumo’s management buyout in December 2014. 

The studio is currently working on Crackdown 3 and Dead Island 2, as well as original IP such as Snake Pass. You can read more about the latter in our interview with its creators.

“With [these] major projects… under way, it’s an exciting time for Sumo,” said CEO Carl Cavers. “Perwyn has demonstrated a deep understanding of Sumo, our culture and the market in which we operate and we look forward to working with them as we embark on the next stage of our journey.”

Perwyn partner Andrew Wynn added: “Perwyn is delighted to be partnering with Sumo and its exceptional management team, led by Cavers, to support the next stage in its growth. We believe there are significant opportunities ahead for Sumo as a leading independent games developer in a growing, global market place including the potential to apply the team’s substantial creative and technical capabilities to new titles and IP development.