Overview

• Former employees of Annapurna Interactive, who resigned in 2024 after internal conflicts, have formed a new studio to oversee Private Division’s portfolio.
• Private equity firm Haveli Investments acquired Private Division from Take-Two Interactive in late 2024 and partnered with the ex-Annapurna staff to manage the titles.
• Key titles under the new studio include Kerbal Space Program, the upcoming Lord of the Rings-inspired farming game Tales of the Shire, and an unannounced project from Pokémon developer Game Freak.
• The transition will lead to layoffs among the roughly 20 employees who were part of Private Division at the time of its acquisition by Haveli.
• Annapurna Interactive, under new leadership, continues to operate separately, focusing on its existing commitments while the former team embarks on this new venture.