Wreckfest and Goat Simulator join THQ Nordic through acquisitions

THQ Nordic hates the feeling of cash in its pocket. It would rather put that capital toward something useful, like buying a video game studio or two. The Darksiders III publisher has done this a number of times, and it is continuing that trend today with acquisitions of Wreckfest developer Bugbear Entertainment and Goat Simulator studio Coffee Stain.

The company says it spent $34 million (317 million Swedish krona) to acquire Coffee Stain. And it expects the developer to generate revenue of $22 million to $27.5 million over the next year. THQ Nordic takes full control of Coffee Stain as part of this deal, which includes the publishing rights to the online multiplayer adventure Deep Rock Galactic.