Sweden: AcadeMedia buys Changemaker Educations
Swedish education company AcadeMedia is acquiring Stockholm-based Changemaker Educations, a provider of courses and training for the gaming industry, for 60 million krona (£4.76 million).
Changemaker Educations runs Futuregames, which provides educational and training courses to the gaming industry, including game developer, tester, creator and project manager courses.
Its offering includes short courses for professionals and long programmes for game developers just starting in the industry. All courses are post upper secondary school. The business has about 50 employees and the programmes are run both online and in Boden, Karlstad, Skellefteå and Stockholm.
Changemaker Educations had a turnover of approximately 64 million krona and an EBIT of around 10 million krona in 2021.
With this acquisition, AcadeMedia, which already offers courses for the gaming industry through The Game Assembly, intends to further strengthen its market position and boost its international expansion.
AcadeMedia’s head of adult education segment Christer Hammar said: “It feels great that we continue our investment in this expansive area. We are already successful with our existing game educations, including through The Game Assembly, and I look forward to seeing what AcadeMedia and Futuregames can accomplish together.”