PlayWay S.A. has entered into a formal investment agreement to acquire a significant minority stake in Platynowe Inwestycje Spółka Europejska, marking a strategic pivot for the target entity into the gaming sector. Under the terms of the agreement signed on February 1, 2021, PlayWay will acquire 32.86% of the share capital by taking over Series H shares and purchasing Series F and G shares from Patro Invest. This transaction is part of a broader consortium effort involving individual gaming industry investors and Delphine Group S.A., who together aim to control a combined 72.61% of the company following a planned capital increase.
The primary objective of this acquisition is to transform Platynowe Inwestycje into a multi-team development hub. The new business model focuses on creating a decentralized structure where various development teams operate as both creators and shareholders. Individual investors Marek Parzyński, Piotr Karbowski, and Bartosz Graś are tasked with recruiting these teams and will distribute the majority of their own shares to developers through incentive programs. This strategy is designed to align the interests of the workforce with the company's market valuation, theoretically driving higher productivity and long-term commitment from the creative staff.
The scope of this agreement is centered on the Polish gaming market and follows a comprehensive due diligence process covering legal, tax, and financial aspects, which yielded no irregularities. PlayWay has indicated that it does not currently plan to alter its percentage ownership following the completion of the acquisition. This move reflects a broader industry trend of utilizing equity-based motivation to secure talent in a competitive development landscape, leveraging PlayWay’s established position to foster a new ecosystem of developer-owned studios.