Ludia, a Montreal-based video game studio, has been reacquired by local investors and management, setting the stage for growth and innovation in the mobile gaming sector.

Information on the Target

Montreal-based video game studio Ludia has recently been reacquired by local investors and its senior management team following a buyout from U.S.-based Jam City. This acquisition marks a pivotal moment for Ludia, reestablishing it as a Canadian entity and allowing it to continue its legacy of innovation in the gaming industry. As part of this leadership transition, Jimmy Gendron has been appointed as the new Chief Executive Officer, with a mandate to guide Ludia towards future growth and creative advancements.

Founded in 2007, Ludia is recognized as the largest independent mobile game studio in Canada. The company has developed over 50 games, including notable titles such as Jurassic World Alive and Teenage Mutant Ninja Turtles: Legends. With more than 500 million downloads and a monthly player base exceeding 3.5 million, Ludia has solidified its reputation as a leader in the mobile gaming sector.

Industry Overview in Canada

The Canadian video game industry has emerged as a robust sector, contributing significantly to both the economy and cultural landscape. The country is home to some of the world’s leading gaming studios, benefiting