MCV/DEVELOP News, events, research and jobs from the games industry
LittleBigPlanet 3 developer Sumo Digital has performed a management buyout from previous owner Foundation 9.
With the help of investment from NorthEdge Capital, the management team of CEO Carl Cavers, COO Paul Porter, CFO Chris Stockwell and executive art director Darren Mills are now set to split away from the group that acquired them in 2007 to become fully independent.
With the imminent release of LittleBigPlanet 3 and a number of exciting projects under development, the business is in an extremely strong position,” said Sumo CEO Carl Cavers.
Head over to Develop for more.
![sumo header [From the industry] Sumo Group announces leadership transition as founders retire](https://mcvuk.com/wp-content/uploads/sumo-header-310x165.jpg)
![auroch digital announce 1920x1080 [From the industry] Nina Adams steps up to studio director at Auroch Digital](https://mcvuk.com/wp-content/uploads/auroch-digital-announce_1920x1080-310x165.png)
![GGS NEW 2026 A PLUG 1 [Event news] Leading Games Industry Entrepreneur Chris van der Kuyl CBE Joins the Games Growth Summit](https://mcvuk.com/wp-content/uploads/GGS-NEW-2026-A-PLUG-1-310x165.png)