Take-Two Interactive said in November 2024 that it had sold Private Division, the "high-end indie" publishing label it launched in 2017, to an undisclosed buyer, along with "substantially all of Private Division’s live and unreleased titles." The identity of the buyer was not revealed, but a new Bloomberg report (via Game Developer) says the division's "games and franchises" will be taken over by former employees of Annapurna Interactive, the gaming-focused subsidiary of Annapurna Pictures that collapsed in September 2024 after its entire staff and senior leadership team resigned.
The former Annapurna Interactive employees were not the buyers of Private Division themselves, according to the Bloomberg report: Haveli Investments, a private equity firm, made the purchase and subsequently did a deal with the ex-Annapurna staffers to take control of the games. It sounds like the Private Division label will not be retained, as the newly-formed company does not yet have a name, and some of the roughly 20 employees of Private Division will be laid off.
