Everplay Group (LSE:EVPL) has taken a 20% minority position in Super Media Group, the parent company of UK-based first-person shooter studio Bulkhead. The £2.0 million investment marks the start of a broader strategic collaboration intended to deepen Everplay’s presence in the FPS market. As part of the alliance, Everplay will work with Bulkhead on Wardogs, a new multiplayer shooter, and evaluate additional joint development opportunities tied to Team17’s Hell Let Loose franchise. The initiative supports Everplay’s ambition to grow revenue from its owned IP and reflects its focus on forging durable partnerships across the gaming ecosystem.
From a market perspective, Everplay benefits from solid financial momentum and an encouraging second-half outlook. Even so, the overall assessment is tempered by bearish technical signals and a valuation that sits in a moderate range. The installation of a new CEO introduces a potentially constructive strategic shift.
More about Everplay Group
Everplay Group plc—previously operating as Team17 Group plc—is a prominent global publisher and developer of premium indie titles and mobile applications. The company is organized into three main units: Team17, astragon, and StoryToys. Team17 manages well-known franchises such as Hell Let Loose, Worms, and Overcooked!; astragon specializes in high-quality simulation experiences; and StoryToys focuses on educational and entertainment apps for young children.
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