UK developer Lionhead Studios, developer of
Fable and the Black & White series, has been seeking a buyout partner and MCV is reporting that
they may have found one in Elevation Partners.
Elevation has built a solid foundation of talented game developers and popular franchises with their recent acquisitions of Bioware and Pandemic. The Bono-backed investment firm reportedly has $2 billion to spend and they may want to act before EA and Take 2 get busy again.
