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Who Bought Private Division? What Take-Two’s Sale Means

Take-Two sold Private Division in October 2024, transferring rights to substantially all live and unreleased titles. Later Bloomberg-sourced reporting named Haveli Investments as the buyer.
From TheFinanceBase Team1 min to read
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Take-Two says it sold its Private Division publishing label in October 2024, transferring rights to substantially all of the label’s live and unreleased titles. Its announcement did not name the buyer. A January 2025 report citing Bloomberg sources identified private equity firm Haveli Investments as the buyer, but that identity was not included in Take-Two’s public announcement.

What Take-Two sold—and when

Take-Two’s fiscal second-quarter 2025 results, published November 6, 2024, disclosed the decision to sell Private Division. The company’s 2025 SEC filing later dated the sale to October 2024. The transaction covered rights to “substantially all” of Private Division’s live and unreleased titles—not necessarily every title associated with the label. (Take-Two’s results announcement; Take-Two’s 2025 SEC filing)

Neither the announcement nor the reporting cited here states the sale price. The public information therefore establishes the timing and broad scope of the deal, but not its financial value.

Who bought Private Division?

Take-Two did not identify the buyer in its announcement. In January 2025, Gematsu relayed Bloomberg reporting that named Austin-based private equity firm Haveli Investments. The report also said former Annapurna Interactive staff would distribute the portfolio’s titles through a new company funded by Haveli. Those details are attributed to Bloomberg’s sources, rather than presented as a buyer identity confirmed in Take-Two’s announcement. (Gematsu’s report)

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What happened to No Rest for the Wicked?

No Rest for the Wicked was initially treated separately from the titles transferred in the sale. Take-Two said it would continue to support the game, which entered Early Access on PC in April 2024. Game Developer reported in March 2025 that developer Moon Studios had negotiated with Take-Two and acquired the game’s publishing rights. (Game Developer’s report)

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Why did Take-Two sell the label?

Take-Two president Karl Slatoff said the company made the sale to focus resources on its core and mobile businesses over the long term. That is the company’s stated strategic rationale; the public statement does not establish it as the only consideration behind the transaction. (Game Developer’s account of the statement)

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