Pole to Win has acquired Florida-based developer Ghostpunch Games for $13 million.
PTW says the acquisition will expand its co-development services and enable Ghostpunch to “offer new AI-based QA automation offerings.” The all-cash deal is expected to close in early September.
Founded in 2015, Ghostpunch Games has over 60 employees and has worked with studios including EA, Gearbox Software, Bethesda Game Studios and 2K.
Ghostpunch executive producer Hugh Falk will take on the role of head of the PTW Fort Lauderdale site, and chief technology officer Alejandro Garcia-Tunon has been named director of co-development. Both will report to PTW Chief Operating Officer Sijo Jose.
COO Rick Daniels will become head of art and co-development sales, reporting to PTW's chief revenue officer, Kaley Hurst. Animation director Devon Brown has been named PTW's senior animation manager and will report to Falk.
“Ghostpunch is a highly respected development partner for a number of top AAA studios and boasts a remarkable retention rate of over 90%,” said PTW CEO Deborah Kirkham.
“This impressive reputation for exceptional studio talent is fully aligned with PTW's ongoing mission to provide exceptional development services to its partners worldwide.”
PTW's Head of Art and Co-Development Sales Rick Daniels added, “This acquisition represents a significant milestone for our studio, allowing us to leverage PTW's global resources and expertise to enhance our game development capabilities.”