Bloomberg: Ex-Annapurna Interactive staff to take over Private Division portfolio
It’s rumored that the secret buyer Take-Two Interactive Software declined to reveal is Haveli Investments, a private equity firm based in Austin. According to reports, Haveli Investments has entered into an agreement with the former Annapurna Interactive employees to finance their new company and let them manage distributing titles previously owned by The Private Division. Approximately 20 staff members from The Private Division are said to have been involved in the purchase, although some may lose their jobs as part of the new setup. The current management is encouraging employees to consider alternative opportunities due to the uncertainty surrounding the change.