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Private Division Acquired by Haveli Investments, Ex-Annapurna Team Takes Over

Highlights

  • Take-Two sold Private Division to Haveli Investments.

  • Ex-Annapurna Interactive staff will manage the acquired games.

  • Future projects include Tales of the Shire and Kerbal Space Program.

Kaan Demirel
Last updated: 8 January, 2025 - 1:28 am 1:28 am
Kaan Demirel 5 months ago
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Private Division, Take-Two Interactive’s boutique indie game label, has undergone a significant ownership change. The acquisition by Haveli Investments includes the majority of the label’s current and upcoming projects. This move marks a new chapter for the high-end indie publisher, potentially altering the landscape for future game developments under the newly formed company.

Contents
Who Acquired Private Division?What Titles Will the New Team Manage?Why Did Take-Two Decide to Sell?

Take-Two Interactive has a long history of managing various successful game labels. Previously, Private Division was launched in 2017 to focus on high-quality indie titles. Over the years, it became known for supporting innovative games, but the recent sale indicates a strategic pivot for the company.

Who Acquired Private Division?

Haveli Investments, a private equity firm, purchased Private Division. Former employees of Annapurna Interactive, a well-respected indie publisher, will manage the division’s games and franchises. This collaboration aims to leverage the expertise of the ex-Annapurna team to continue delivering quality indie titles.

What Titles Will the New Team Manage?

The new management will oversee titles such as Tales of the Shire, set to release on March 25, and the Kerbal Space Program series. Kerbal Space Program 2, which struggled in early access, is also under their control. These games are expected to receive renewed attention and development under Haveli Investments.

Why Did Take-Two Decide to Sell?

“Private Division’s biggest games were not big in the context of our core intellectual properties at 2K and Rockstar,”

Take-Two CEO Strauss Zelnick explained the decision. The label’s performance did not align with Take-Two’s strategic focus on larger franchises. As a result, selling Private Division allows Take-Two to concentrate on its primary brands.

The transition comes after Annapurna Interactive faced internal challenges, leading to the resignation of its entire staff and leadership team in September 2024. This upheaval likely influenced Haveli Investments’ decision to collaborate with the experienced Annapurna former employees. The restructuring aims to stabilize and grow the indie publishing efforts under the new ownership.

Moving forward, the new company will focus on revitalizing existing titles and developing new projects. This change is expected to bring fresh perspectives and sustain the innovative spirit that Private Division was known for. Gamers and industry observers will watch closely to see how the new management shapes the future of these beloved franchises.

As the indie game market continues to evolve, the acquisition of Private Division by Haveli Investments represents a strategic realignment. For players and developers alike, the emphasis on quality and creativity promises continued growth and exciting new releases. Staying informed about these changes can provide valuable insights into upcoming trends in the gaming industry.

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Kaan Demirel
By Kaan Demirel
Kaan Demirel is a 28-year-old gaming enthusiast residing in Ankara. After graduating from the Statistics department of METU, he completed his master's degree in computer science. Kaan has a particular interest in strategy and simulation games and spends his free time playing competitive games and continuously learning new things about technology and game development. He is also interested in electric vehicles and cyber security. He works as a content editor at NewsLinker, where he leverages his passion for technology and gaming.
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