Thursday 22 January 2026, 4pm GMT
Hilco is seeking offers to acquire the intellectual property and tangible assets of Playdead Limited (In Liquidation) t/a Revenant (“Revenant” or the “Company”) on behalf of the Liquidator of the Company, Steven Wright of Dains.
Prior to Liquidation, Revenant operated as a premium animation and visual-effects studio, producing high-end animation, motion graphics and VFX for broadcast, film, gaming, global brands and immersive experiences and delivering visually distinctive content designed to engage audiences and elevate brand narratives across multiple platforms.
The Company built a strong reputation for cinematic-quality output and creative execution, working with internationally recognised clients including the BBC, Netflix and Riot Games. Revenant’s work spans commercial, broadcast and experiential environments, reflecting its ability to adapt its creative and technical capabilities to a wide range of formats, distribution channels and audience requirements. Revenant’s project catalogue of commissions includes Iron Sail, Apollo 13: Survival, Beyond Endurance, Future Genesis and Everhaven, each highlighting the studio’s capability to deliver complex, visually ambitious projects at scale. The Company’s successful projects demonstrates its strength in combining narrative-led creative direction with advanced animation and VFX workflows suitable for global markets.
Alongside commissioned client work, the Company has invested in the development of original intellectual property and concepts, including the animated project The Pony Express, supported by funding from Creative Scotland, which already generated interest from potential partners across licensing, distribution and commercial exploitation and offering a route to revenues beyond pure services revenue.
This acquisition represents an opportunity to secure the intellectual property and tangible assets of a recognised premium animation studio with a proven track record of high-profile global client work, an established creative identity, and a portfolio that supports both continued commissioned production and the development of original content for future exploitation.
Revenant has established itself as a distinctive and well-regarded name within the premium animation, VFX and motion-design sector, associated with cinematic-quality output, strong narrative-led creative direction, and technical execution capable of meeting the demands of global broadcasters, major brands and gaming studios.
Unlike commodity post-production or short-form motion studios, Revenant has positioned itself at the higher end of the creative spectrum, combining original visual world-building with advanced animation and VFX workflows. The brand’s reputation was enhanced by its portfolio of high-profile commissions for internationally recognised clients, including the BBC, Netflix and Riot Games, and by its consistent presence in award programmes and industry press.
The credibility of the Revenant brand has been reinforced through multiple international awards and festival recognition, particularly for flagship projects such as Future Genesis and Everhaven, which received accolades across animation, VFX and branded-content categories. The brand’s achievements provide third-party validation of the studio’s creative and technical standing and contribute to its reputation as a premium creative partner rather than a purely service-led supplier.
For an acquirer, the Revenant brand represents a credible and name within the high-end animation and creative-content market, offering immediate recognition, industry trust and portfolio depth, providing a foundation from which to re-engage clients, continue premium commissioned work, and develop original IP under an established and respected creative identity.
The Company holds a UK-registered trade mark protecting the “Revenant” brand name.
A full trade mark schedule is available via a virtual data room.
The Company maintains a curated project catalogue comprising both completed commissions and development-stage projects, spanning high-end animation, motion graphics and VFX delivered for broadcast, film, games and global brand-led campaigns, reflecting the studio’s ability to operate across multiple formats, sectors and distribution channels. Alongside commissioned client work, the catalogue also includes internally developed concepts and original intellectual property.
The Company holds the primary revenant.tv domain name.
The Company is likely to own the copyright in the website content historically hosted on this domain, including written copy, visual assets, reels, case studies and project descriptions showcasing its animation, VFX and creative capabilities, portfolio of commissioned work, awards and original IP development.
Revenant has developed a structured body of organisational knowledge and production know-how supporting its animation, motion graphics and VFX activities, including documented project files, repeatable workflows and established production processes derived from the delivery of complex, large-scale projects.
The Company holds records relating to historic and recent client engagements, including contact details, project information and relationship records generated while delivering commissioned work.
Rights in the social media accounts are also available to acquire across Instagram, LinkedIn, Vimeo, Twitter/X and Facebook.
Full details of the Company’s social media accounts are available via a virtual data room.
The Company’s tangible assets comprise a range of office and production equipment, including a studio-grade production server, professional-grade production machines, associated peripherals and studio equipment.
Full details on the Company’s tangible assets are available via a virtual data room.
Offers are due Thursday 22 January 2026 at 4pm GMT.
All expressions of interest and bids are to be directed to Hilco in writing. A Bid Submission Form is available on request. Please contact Hilco to gain access to a virtual data room of further information on signing a confidentiality agreement.
Hilco is acting as exclusive agent to the Company and its Liquidator in connection with the proposed sale of some or all of the Company’s assets. The Liquidator acts as an agent of the Company and without personal liability.
All sales are made strictly on an “as is, where is” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Company, its Liquidator, or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period and on the terms agreed. A Buyer’s Premium of 10% of the final purchase price is payable by the successful purchaser in addition to the agreed purchase price, is non-negotiable and is payable at the same time and in the same manner as the purchase price and forms a condition of sale.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Company and its Liquidator.
