Team17 Is About To Be Listed On The Stock Market

Team17 Is About To Be Listed On The Stock Market

Team17, the creator of the successful Worms franchise, has confirmed their plans to go public on the London Stock Exchange.

The company will be listed at a £200 million valuation (USD280 million). Team17 is planning to offer a 50% stake on AIM, a sub market of the London Stock Exchange.

Debbie Bestwick, founder of Team17, believes the IPO will enable Team17 to “capitalize on our position as a leading independent video games label for indie developers, as well as continuing to successfully develop our own intellectual property in-house”.

Team17 is a publisher of a large variety of Nintendo Switch indie games, including but not limited to Yooka-Laylee, Worms W.M.D., and Raging Justice.

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