Updated Mar 17, 2026 by PlayWay
PlayWay S.A. acquired a 44% plurality stake in the Czeladź-based studio Baked Games for 199,000 PLN.
The investment was executed through the subscription of new shares in Baked Games' increased share capital, as disclosed in May 2018.
Following the transaction, the remaining equity is held by three partners, with two holding 27.5% each and one holding 1%.
The partnership aims to fund the production of PC-focused video games, specifically prioritizing the development of the title Prison Simulator.
This acquisition reflects PlayWay's strategy of securing intellectual property in the simulation genre by taking minority equity stakes in specialized indie studios.
The deal highlights a period of relatively low entry costs for major publishers to integrate emerging European development teams into their corporate ecosystems.
PlayWay S.A. acquired a 44% plurality stake in the Czeladź-based studio Baked Games for 199,000 PLN.
The investment was executed through the subscription of new shares in Baked Games' increased share capital, as disclosed in May 2018.
Following the transaction, the remaining equity is held by three partners, with two holding 27.5% each and one holding 1%.
The partnership aims to fund the production of PC-focused video games, specifically prioritizing the development of the title Prison Simulator.
This acquisition reflects PlayWay's strategy of securing intellectual property in the simulation genre by taking minority equity stakes in specialized indie studios.
The deal highlights a period of relatively low entry costs for major publishers to integrate emerging European development teams into their corporate ecosystems.