{"id":2082451,"date":"2026-08-07T14:36:16","date_gmt":"2026-08-07T11:36:16","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2082451"},"modified":"2026-08-07T14:36:16","modified_gmt":"2026-08-07T11:36:16","slug":"indie-game-publisher-devolver-digital-wants-to-go-private","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2082451","title":{"rendered":"Indie game publisher Devolver Digital wants to go private"},"content":{"rendered":"<article class=\"article \" data-ads=\"true\" data-article-type=\"news\" data-article-group=\"news\" data-paywalled=\"false\" data-premium=\"false\" data-sponsored=\"false\" data-type=\"article\">\n<header class=\"article_header\" data-component=\"article-header\">\n<div class=\"breadcrumbs\">\n<nav class=\"nav_breadcrumbs\" data-component=\"nav-breadcrumbs\" aria-label=\"Breadcrumb\">\n<ul class=\"nav-links\">\n<li>\n                <a href=\"https:\/\/www.eurogamer.net\/\" data-active=\"false\"><br \/>\n                      Home<br \/>\n                <\/a>\n            <\/li>\n<li>\n                <a href=\"https:\/\/www.eurogamer.net\/news\" data-active=\"false\"><br \/>\n                      News<br \/>\n                <\/a>\n            <\/li>\n<\/ul>\n<\/nav><\/div>\n<div class=\"headline_details\" id=\"main-content\">\n<h1 class=\"title\">Indie game publisher Devolver Digital wants to go private<\/h1>\n<p class=\"strapline\">Exit the gungeon.<\/p>\n<\/p><\/div>\n<div class=\"headline_asset\">\n<figure class=\"headline_image_wrapper\">\n<p>        <img fetchpriority=\"high\" decoding=\"async\" class=\"headline_image\" src=\"https:\/\/assetsio.gnwcdn.com\/cult-of-the-lamb_VKlo228.jpg?width=570&amp;quality=85&amp;format=jpg&amp;dpr=3&amp;auto=webp\" alt=\"Cult of the Lamb\" loading=\"eager\" data-uri=\"cult-of-the-lamb_VKlo228.jpg\" data-lightbox width=\"570\" height=\"321\"><figcaption>\n          <span class=\"attribution\">Image credit: <cite>Massive Monster<\/cite><\/span><br \/>\n        <\/figcaption><\/figure>\n<\/p><\/div>\n<div class=\"metadata\">\n<div class=\"avatar\">\n<p>    <img loading=\"lazy\" decoding=\"async\" alt=\"Connor Makar avatar\" src=\"https:\/\/assetsio.gnwcdn.com\/tAtwiaBo_400x400.jpg?width=2048&amp;height=2048&amp;fit=bounds&amp;quality=85&amp;format=jpg&amp;auto=webp\" style=\"aspect-ratio: 1\" width=\"374\" height=\"374\"><\/p>\n<p>  <img alt=\"Connor Makar avatar\" data-autosize=\"crop_lossy\" data-uri=\"tAtwiaBo_400x400.jpg\" loading=\"lazy\" style=\"aspect-ratio: 1\" width=\"374\" height=\"374\">\n<\/div>\n<div class=\"text\">\n<div class=\"byline\">\n                  <span class=\"article_type\" data-slug=\"news\"><br \/>\n                    News<br \/>\n                  <\/span><\/p>\n<p><span class=\"by\">by<\/span> <span class=\"author\"><a href=\"https:\/\/www.eurogamer.net\/authors\/connor-makar\">Connor Makar<\/a><\/span>                    <span class=\"job_title\"><br \/>\n                      Staff Writer<br \/>\n                    <\/span>\n            <\/div>\n<div class=\"published_at\">\n<p>Published on   <time datetime=\"2026-08-07T14:36:16+00:00\" data-auto-time-zone=\"true\" data-year=\"numeric\" data-month=\"short\" data-day=\"numeric\" data-hour=\"numeric\" data-minute=\"numeric\">Aug. 7, 2026, 2:36 p.m.<\/time>\n              <\/div>\n<div class=\"comments\">\n      <a class=\"comments__link comments-bubble\" href=\"https:\/\/www.eurogamer.net\/devolver-digital-goes-private?view=comments\" rel=\"nofollow\"><br \/>\n          1 comment<br \/>\n      <\/a>\n    <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/header>\n<div class=\"article_body\" data-component=\"article-content\">\n<div class=\"article_body_content article-styling\">\n<p>Indie game publisher <a href=\"https:\/\/www.eurogamer.net\/companies\/devolver-digital\">Devolver Digital<\/a> is looking to return to private ownership, after a rough few years as a publicly-traded company.<\/p>\n<p>In a press release sent to investors, Devolver Digital said that it didn&#8217;t believe the current share price did not &#8220;reflect the true market value&#8221; of the company.<\/p>\n<figure>\n<div class=\"video_wrapper youtube\">\n<a aria-label=\"Cult of the Lamb - Official Gameplay Trailer\" class=\"video-facade full-size\" data-platform=\"youtube\" href=\"https:\/\/www.youtube.com\/embed\/XlfGvPKPEiE?autoplay=1\" title=\"Click to play video from YouTube\"><br \/>\n<img decoding=\"async\" alt=\"Cover image for YouTube video\" class=\"video-facade__image\" loading=\"lazy\" src=\"https:\/\/i.ytimg.com\/vi\/XlfGvPKPEiE\/hqdefault.jpg\"><span class=\"video-facade__title\">Cult of the Lamb &#8211; Official Gameplay Trailer<\/span><\/p>\n<p><\/a>\n<\/div><figcaption>Here&#8217;s a gameplay trailer for Cult of the Lamb.<a class=\"video\" href=\"https:\/\/www.youtube.com\/watch?v=XlfGvPKPEiE\" rel=\"noopener\" target=\"_blank\">Watch on YouTube<\/a><\/figcaption><\/figure>\n<p>Devolver Digitals believes it has &#8220;faced the ongoing challenge of delivering growth in line with market expectations despite those difficult sector conditions,&#8221; pointing to wider industry turmoil since it went public back in 2021.<\/p>\n<p>When the company went public, it was valued at \u00a3694.6m, or roughly $950m. Since then, the share price has dropped by 96.27 percent, bringing the value of the company down to around \u00a334.64m \/ $46.63m.<\/p>\n<p>Whether or not Devolver Digital will return to private ownership depends on its shareholders, who will vote on the decision on the 8th September during the company&#8217;s annual general meeting. If they vote yes, Devolver Digital will go private on the 16th September.<\/p>\n<p><span class=\"injection_placeholder\" data-position=\"1\"><\/span><\/p>\n<p>In a statement to <a href=\"http:\/\/gamesindustry.biz\/\">Gamesindustry.biz<\/a>, a spokesperson for Devolver Digital said: &#8220;Devolver and its board are seeking shareholder approval to delist, believing becoming a private company is in the best interests of Devolver, its employees, its partners, and its Shareholders as a whole.<\/p>\n<p>&#8220;We\u2019ve made an announcement about this. The purpose is simple and positive. Being private will allow the Devolver Digital team, especially the finance, legal, and executive team, to singularly focus on the long-term health of the company and less on satisfying the requirements of the public market, which have nothing to do with being a successful game publisher.&#8221;<\/p>\n<p>If the company does go private, it is estimated the company will save around $1.6m per year. It is no secret that the stock market has been tough on video game companies following the COVID-19 pandemic, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Impact_of_the_COVID-19_pandemic_on_the_video_game_industry\">which kept people inside and resulted in a spike of industry growth<\/a>. Since then, layoffs <a href=\"https:\/\/www.eurogamer.net\/microsoft-xbox-layoffs-2026-double-fine-compulsion-ninja-theory\">have been a common occurrence at even the largest companies<\/a>.<\/p>\n<p>Devolver Digital has continued to publish games during this period of stock-related rockiness, including <a href=\"https:\/\/www.eurogamer.net\/cult-of-the-lamb-review-a-genre-mash-up-with-a-lot-of-ideas\">the excellent Cult of the Lamb<\/a> and <a href=\"https:\/\/www.eurogamer.net\/skate-story-review\">Skate Story<\/a>.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"preferred-source\" data-component=\"preferred-source\">\nLove Eurogamer.net? Make us a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.eurogamer.net\">Preferred Source on Google<\/a> and catch more of our coverage in your feeds.  <\/div>\n<\/article>\n<div class=\"article_body\" data-component=\"article-content\">\n<div class=\"article_body_content article-styling\">\n<p>Indie game publisher <a href=\"https:\/\/www.eurogamer.net\/companies\/devolver-digital\">Devolver Digital<\/a> is looking to return to private ownership, after a rough few years as a publicly-traded company.<\/p>\n<p>In a press release sent to investors, Devolver Digital said that it didn&#8217;t believe the current share price did not &#8220;reflect the true market value&#8221; of the company.<\/p>\n<figure>\n<div class=\"video_wrapper youtube\">\n<a aria-label=\"Cult of the Lamb - Official Gameplay Trailer\" class=\"video-facade full-size\" data-platform=\"youtube\" href=\"https:\/\/www.youtube.com\/embed\/XlfGvPKPEiE?autoplay=1\" title=\"Click to play video from YouTube\"><br \/>\n<img decoding=\"async\" alt=\"Cover image for YouTube video\" class=\"video-facade__image\" loading=\"lazy\" src=\"https:\/\/i.ytimg.com\/vi\/XlfGvPKPEiE\/hqdefault.jpg\"><span class=\"video-facade__title\">Cult of the Lamb &#8211; Official Gameplay Trailer<\/span><\/p>\n<p><\/a>\n<\/div><figcaption>Here&#8217;s a gameplay trailer for Cult of the Lamb.<a class=\"video\" href=\"https:\/\/www.youtube.com\/watch?v=XlfGvPKPEiE\" rel=\"noopener\" target=\"_blank\">Watch on YouTube<\/a><\/figcaption><\/figure>\n<p>Devolver Digitals believes it has &#8220;faced the ongoing challenge of delivering growth in line with market expectations despite those difficult sector conditions,&#8221; pointing to wider industry turmoil since it went public back in 2021.<\/p>\n<p>When the company went public, it was valued at \u00a3694.6m, or roughly $950m. Since then, the share price has dropped by 96.27 percent, bringing the value of the company down to around \u00a334.64m \/ $46.63m.<\/p>\n<p>Whether or not Devolver Digital will return to private ownership depends on its shareholders, who will vote on the decision on the 8th September during the company&#8217;s annual general meeting. If they vote yes, Devolver Digital will go private on the 16th September.<\/p>\n<p><span class=\"injection_placeholder\" data-position=\"1\"><\/span><\/p>\n<p>In a statement to <a href=\"http:\/\/gamesindustry.biz\/\">Gamesindustry.biz<\/a>, a spokesperson for Devolver Digital said: &#8220;Devolver and its board are seeking shareholder approval to delist, believing becoming a private company is in the best interests of Devolver, its employees, its partners, and its Shareholders as a whole.<\/p>\n<p>&#8220;We\u2019ve made an announcement about this. The purpose is simple and positive. Being private will allow the Devolver Digital team, especially the finance, legal, and executive team, to singularly focus on the long-term health of the company and less on satisfying the requirements of the public market, which have nothing to do with being a successful game publisher.&#8221;<\/p>\n<p>If the company does go private, it is estimated the company will save around $1.6m per year. It is no secret that the stock market has been tough on video game companies following the COVID-19 pandemic, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Impact_of_the_COVID-19_pandemic_on_the_video_game_industry\">which kept people inside and resulted in a spike of industry growth<\/a>. Since then, layoffs <a href=\"https:\/\/www.eurogamer.net\/microsoft-xbox-layoffs-2026-double-fine-compulsion-ninja-theory\">have been a common occurrence at even the largest companies<\/a>.<\/p>\n<p>Devolver Digital has continued to publish games during this period of stock-related rockiness, including <a href=\"https:\/\/www.eurogamer.net\/cult-of-the-lamb-review-a-genre-mash-up-with-a-lot-of-ideas\">the excellent Cult of the Lamb<\/a> and <a href=\"https:\/\/www.eurogamer.net\/skate-story-review\">Skate Story<\/a>.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Home News Indie game publisher Devolver Digital wants to go private Exit the gungeon. Image credit: Massive Monster News by Connor Makar Staff Writer Published on Aug. 7, 2026, 2:36 p.m. 1 comment Indie game publisher Devolver Digital is looking to return to private ownership, after a rough few years as a publicly-traded company. In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[226,253],"class_list":["post-2082451","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-crawlmanager","tag-eurogamer-net"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2082451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2082451"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2082451\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2082451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2082451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2082451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}