Updated Mar 17, 2026 by PCF Group
PCF Group S.A. established a new U.S.-based subsidiary, People Can Fly Chicago, LLC, to expand its international development capacity.
The subsidiary was formed to absorb the development team from Phosphor Games, LLC following an acquisition process that began with a letter of intent on March 31, 2021.
People Can Fly Chicago, LLC was officially incorporated under Delaware law on April 6, 2021.
PCF Group S.A. publicly disclosed the acquisition and subsidiary formation on April 23, 2021, after the transaction was finalized.
The company delayed the public announcement of the acquisition to comply with EU Market Abuse Regulations and to prevent potential interference during the negotiation phase.
PCF Group S.A. established a new U.S.-based subsidiary, People Can Fly Chicago, LLC, to expand its international development capacity.
The subsidiary was formed to absorb the development team from Phosphor Games, LLC following an acquisition process that began with a letter of intent on March 31, 2021.
People Can Fly Chicago, LLC was officially incorporated under Delaware law on April 6, 2021.
PCF Group S.A. publicly disclosed the acquisition and subsidiary formation on April 23, 2021, after the transaction was finalized.
The company delayed the public announcement of the acquisition to comply with EU Market Abuse Regulations and to prevent potential interference during the negotiation phase.