Paradox Interactive has inked a new agreement to acquire all shares of Haemimont Games, the developers behind Jagged Alliance 3.

With the acquisition of all shares for Haemimont Games, the studio will become another subsidiary of Paradox Interactive. A price for the acquisition wasn’t shared, though the deal is expected to close in a few days.

After the big acquisition, the existing leadership and development team(s) at Haemimont Games will remain at the company, and their current and future projects will continue development.

“We are very happy to welcome Haemimont Games to Paradox!” said Fredrik Wester, CEO of Paradox. “They bring a tight-knit team with long experience in developing management games with many well received projects in their portfolio. Moreover, they have a strong creative streak, technology developed for their niche, a new IP in development and a strong culture that fits Paradox’s way of working. We have strong faith in their team and leadership, and our main focus now is to ensure that they can continue to create great games under new ownership.”

Haemimont Games founder Gabriel Dobrev added, “We’re delighted to become a part of the Paradox family! The cultural fit between our companies is remarkable, and we already feel at home. This partnership empowers us to push the boundaries of our games, delivering deeper and more intense experiences to our players. It also opens new horizons for our team, technology, and creative processes, which we’re eager to explore. Expect amazing new games from us!”