IMC to acquire Playstack for £112.4m

Playstack, the publisher behind acclaimed indie games such as Balatro, Abiotic Factor, and The Case of the Golden Idol, is set to be acquired by Integrated Media Company (IMC), the parent company of entertainment brands including Fandom and GameSpot. The proposed sale, announced on May 21, 2026, would see current owner TruFin sell its 84.5% stake for approximately £112.4 million ($151 million) to VantageCo, a subsidiary of IMC. The deal values Playstack at roughly £125 million ($169 million) and is pending a shareholder vote scheduled for June.

TruFin’s board has recommended that shareholders approve the transaction, which the company stated would generate significant net cash proceeds. In an announcement, TruFin CEO James van den Bergh described the sale as a milestone and a demonstration of the firm’s disciplined approach to capital allocation. He expressed confidence that IMC provides a superb platform for the next stage of Playstack’s journey.

Playstack founder and CEO Harvey Elliott addressed the proposed change in a statement on the company’s website, seeking to reassure developers and partners. He emphasized that the shift represents a change in ownership rather than a...