Andy Forrest and Alan Pruzan founded FTC in 2000, and the company has a staff of more than 20 designers.
FTC has developed multiple award-winning board games incorporating popular licenses, including Villainous, Harry Potter: Hogwarts Battle, Bob Ross – Art of Chill, and Choose Your Own Adventure – House of Danger.
This acquisition allows Funko to appeal 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. “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.”
Funko did not disclose the financial terms of the deal, and the company does not expect the acquisition to have a material impact on its financial performance this year.