DreamCatcher Acquired by Nordic Games Holding AB Group
The label DreamCratches to be relaunched under Nordic Games GmbH brand.
Nordic Games GmbH, part of the Nordic Games Holding AB Group, announced today that they have acquired the entire product and brand portfolio of DreamCatcher, including, but not limited to Painkiller, Safecracker, and more than 50 other IPs and licenses. DreamCatcher will be the third publishing label (the others being JoWooD and The Adventure Company) within Nordic Games GmbH, with the plan to relaunch the extensive back catalogue of games and expand on wholly-owned IPs and licenses.
“We are very happy that we were able to close the deal according to our internal schedule. After the incorporation of the “JoWooD” and “The Adventure Company” publishing label, “DreamCatcher” is the third and last to follow for the time being”, commented Nordic Games Holding AB CEO, Lars Wingefors. “Our approach is to assess the performance of DreamCatcher’s portfolio through back-catalogue sales, and as a consequence develop sequels to its bestselling brands and licenses, just as we did with our other two publishing labels”, elaborates Wingefors.
DreamCatcher was launched in 1996, becoming a small-sized and successful publisher in the industry. The company started as a publisher of PC adventure games, and through the period of ten years, grew rapidly and became a major publisher as well as distributor. They then established the publishing label The Adventure Company to handle adventure titles solely, and in 2007 both became part of the JoWooD Group as publishers. When JoWooD became insolvent earlier this year, DreamCatcher experienced a similar event and filed for bankruptcy shortly after its former parent company. DreamCatcher is based out in Ontario, Canada.