Trophy Games makes largest acquisition to date with $2.6 million Playrion deal

Copenhagen-based game company Trophy Games is making its largest acquisition to date, purchasing Playrion, the Paris-based studio behind popular mobile titles Airlines Manager and Airport Simulator: First Class. Playrion, which employs around 30 people, has been owned by Paradox Interactive since 2020 and generates approximately €4.0 million (£2.6 million) annually.

Trophy Games is paying €2.25 million (£2.6 million) upfront for Playrion, with the transaction funded by the company's own cash reserves. Paradox will also receive an earnout equal to 9% of Playrion's net revenue over the next three years. The acquisition is set to close on September 30, 2026, and marks the largest deal in Trophy Games' history.

Trophy Games CEO Søren Gleie highlighted the potential for growth, stating that the acquisition provides a solid foundation to build upon. He also mentioned short-term benefits, anticipating increased revenue for Playrion through the integration of Trophy Games' marketing, data, technology, and development resources.

Gleie further emphasized that Trophy Games has experienced significant growth over the past five years, with six new games set to launch in the coming year and now has the financial capacity to make larger acquisitions. This acquisition is seen as a crucial step in Trophy Games' strategy to continue expanding both organically and through acquisitions.

Consequently, Trophy Games has revised its financial outlook, projecting revenue between €25.9 million and €27.4 million (DKK 170 million-180 million) for the current fiscal year, up from a previous range of €22.8 million to €25.4 million (DKK 150 million-167 million).