Funko Acquires Forrest-Pruzan Creative

funko-reports q2-2019-earnings

Funko has acquired Forrest-Pruzan Creative (FPC), the board game development studio.

Based in Seattle, Washington, FPC was founded in 2000 by Andy Forrest and Alan Pruzan and has a staff of more than 20 designers working under the creative leadership of Jay Wheatley. FPC specializes in game invention, game design, and play-testing. The FPC creative team has developed multiple award-winning board games incorporating top-tier licenses for all ages, including Disney Villainous, Harry Potter: Hogwarts Battle, Bob Ross – Art of Chill and Choose Your Own Adventure – House of Danger.

Funko says that this acquisition taps into another avenue for pop culture enthusiasts to display their fandom through multi-player interaction comprised by their favorite characters and introduces Funko to a new demographic, board gamers.

“We’ve always been incredibly impressed with FPC’s portfolio and have witnessed the company make a name for itself on a global level.,” says Funko president Andrew Perlmutter. “As we expand our product portfolio, we believe this acquisition is in line with what we are doing with apparel, accessories and Funko Animation Studios. The games category is another avenue to deliver pop culture to our ever-growing fan base. FPC’s nearly two decades of experience in developing high quality games will provide us added expertise as we leverage our existing IP and licensor portfolio into this category.”

Financial terms of the deal were not disclosed, and the company does not expect the acquisition to have a material impact on its financial performance in 2019.