Devolver Digital Reportedly Considering Going Public

Fall Guys

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Devolver Digital Reportedly Considering Going Public

May 17, 2021

By: Patrick Perrault

More Info About This Game
Developer
Mediatonic
Publisher
Devolver Digital
Platforms
PC, PlayStation 4
Release Date
August 4, 2020 (Calendar)
Purchase (Some links may be affiliated)
 
 

Earlier today the Telegraph reported that Devolver Digital, the publisher for Fall Guys: Ultimate Knockout, has appointed bankers from Zeus Capitol in order to potentially capitalize on the enormous success of the title they funded. Devolver Digital could be valued at over a billion pounds through a potential London listing, so it makes sense that the publisher is considering testing the stock market later this year.

For those of you that have been living under a rock, Fall Guys has been a massive hit, selling 1.5 million copies in its first 24 hours and 2 million copies in its first week. In 2020 it sold over 11 million copies, which is exceptional for a AAA title, let alone a formerly-indie battle royale title. 

While Mediatonic are the developers of Fall Guys and were subsequently purchased by Epic Games in March, Devolver Digital funded the game's development and benefited from the games success through a financial agreement that gave it a portion of the revenue. 

Devolver Digital isn't just a one-trick-pony either. They recently published Loop Hero in March, which has also blown up (but not nearly to the same extent as Fall Guys). This news also comes on the heels of tinyBuild testing London's junior market in March with an initial £340m listing. It's now valued at £534m, so there's a pretty large incentive to test the waters, especially considering how Devolver Digital is valued at over a billion pounds. 

 
 

If you're interested in checking out Fall Guys: Ultimate Knockout, it's available on Steam here. For all other Devolver Digital and Fall Guys news, stay tuned to TechRaptor for more details.

TechRaptor has also reached out to Devolver Digital, so if they respond we'll update this article with their response.

What do you think of this news? Are you going to buy some Devolver Digital stock? Have you played Loop Hero or Fall Guys? Let us know in the comments!

A very unflattering picture of my tired face.
Staff Writer

Writer for TechRaptor, who hopes to gain valuable experience in a constantly changing industry.

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