What Does Thunderful Group Do?

Total employees900
HeadquartersGothenburg
Founded2019

Thunderful Group is a dynamic and diversified company active in the development, publishing, and distribution of games, as well as the distribution of Nintendo products, games, gaming accessories, and toys. Headquartered in Gothenburg, Sweden, Thunderful operates globally through its three business segments: Thunderful Games, Thunderful Distribution, and Thunderful Investment. The company aims to provide high-quality entertainment experiences to a broad audience, leveraging its strong portfolio of owned IP, development studios, and distribution network.

Where Is Thunderful Group's Headquarters?

Thunderful Group officeThunderful Group officeThunderful Group officeThunderful Group office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central hub for corporate management, strategic planning, investor relations, group finance, and overarching business development for all Thunderful Group segments.

Notable Features:

Located in a modern office building in a prominent business district, facilitating collaboration and accessibility. Specific architectural highlights are not widely publicized, but the office likely features contemporary Scandinavian design principles.

Work Culture:

Thunderful Group fosters a creative, collaborative, and ambitious work environment. The culture emphasizes passion for gaming and entertainment, innovation, and a strong team spirit, reflective of the broader Nordic work-life balance ethos.

HQ Significance:

The Gothenburg headquarters is significant as it anchors Thunderful's global operations, providing strategic direction and oversight for its diverse portfolio of game development studios, publishing arms, and distribution networks.

Values Reflected in HQ: The headquarters likely reflects values of professionalism, creativity, efficiency, and global ambition, providing a functional and inspiring space for its core team.

Location:

Thunderful Group supports its global operations through a network of development studios across Europe and North America, publishing offices, and an extensive distribution network primarily focused on the Nordic and Benelux regions for physical products, while its games reach a global audience digitally. Functions supported globally include game development, game publishing, marketing, sales, and distribution.

Street Address:

Kvarnbergsgatan 2

City:

Gothenburg

State/Province:

Västra Götaland County

Country:

Sweden

Where Else Does Thunderful Group Operate Around the World?

Sunderland, UK

Address: Coatsink Software Ltd, Unit 1, Software Centre, Tavistock Place, Sunderland, SR1 1PB, UK (Example of a subsidiary studio)

Key development hub in the UK, contributing original IP and development expertise to Thunderful Games.

Karlshamn, Sweden

Address: The Station, Pirgatan 6, 374 35 Karlshamn, Sweden (Example of a subsidiary studio)

Strengthens Thunderful's development capabilities within Sweden, focusing on specific game genres and creative output.

Zoetermeer, Netherlands

Address: Achterweg 20, 2718 LP Zoetermeer, Netherlands (Thunderful Distribution Benelux)

Critical node in Thunderful's European distribution network for physical entertainment products.

Madrid, Spain

Address: Stage Clear SL, Calle de la Haya, 4, Edificio 1, Planta 2, Oficina 7, 28044 Madrid, Spain (Example of a subsidiary studio)

Provides porting and development support services, expanding Thunderful's capacity to bring games to multiple platforms.

Buying Intent Signals for Thunderful Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Thunderful Group? Meet the Executive Team

As of April 2025, Thunderful Group' leadership includes:

Martin Walfisz - CEO
Anders Maiqvist - Acting CFO
Kathrin Strangfeld - Chief HR & ESG Officer
Henrik Bunge - Head of Distribution
Agnes Häggbom - Chief Communications & Investor Relations Officer

Who's Investing in Thunderful Group?

Thunderful Group has been backed by several prominent investors over the years, including:

Bergsala Holding AB (Major shareholder)
Lynx Asset Management
Swedbank Robur Fonder
Handelsbanken Fonder
Provobis Invest AB
AP4 (Fjärde AP-fonden)

What Leadership Changes Has Thunderful Group Seen Recently?

Hire1
Exits2

Over the past 12-18 months, Thunderful Group has seen some key leadership changes, including a CEO transition and adjustments in the CFO role, reflecting strategic recalibrations within the company.

Departures

Brjann Sigurgeirsson, Brjann Sigurgeirsson departed from his roles as CCO and Head of Thunderful Games at the end of 2023.
Anders Holmgren, Anders Holmgren stepped down as CEO of Thunderful Group.

New Appointments:

Martin Walfisz, Martin Walfisz appointed as the new CEO of Thunderful Group.
Anders Maiqvist, Anders Maiqvist assumed the role of Acting CFO after previously serving as Acting CEO.

What Technology (Tech Stack) Is Used byThunderful Group?

Discover the tools Thunderful Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Thunderful Group Email Formats and Examples

Thunderful Group likely uses common corporate email formats. The most probable format is [first].[last]@thunderfulgroup.com or [first_initial][last]@thunderfulgroup.com. Variations might exist for specific subsidiaries.

[first].[last]@thunderfulgroup.com

Format

jane.doe@thunderfulgroup.com

Example

85%

Success rate

What's the Latest News About Thunderful Group?

Thunderful Group Investor Relations2024-05-23

Thunderful Group: Interim Report January – March 2024

Thunderful Group released its Q1 2024 financial results, reporting on net revenue and profit developments. The company highlighted performance in its Games and Distribution segments and provided an outlook for the upcoming period....more

GamesIndustry.biz2024-04-16

Thunderful confirms closure of Image & Form and The Station

As part of its restructuring program, Thunderful Group announced the closure of two of its Swedish studios, Image & Form (known for SteamWorld) and The Station. This action is part of a broader effort to streamline operations and focus on more profitable areas....more

Thunderful Group Investor Relations2024-03-12

Thunderful Group carries out a directed share issue of approximately SEK 75.2 million

Thunderful Group announced a directed share issue to institutional investors, raising approximately SEK 75.2 million to strengthen its financial position and support its restructuring program and future investments....more

Thunderful Group Investor Relations2024-01-17

Thunderful Group initiates restructuring program to strengthen future competitiveness

Thunderful Group announced a comprehensive restructuring program aimed at reducing costs and improving profitability. The program includes workforce reductions, impacting approximately 20% of its staff, and a sharpened focus on core business areas....more

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