Behaviour Interactive Inc.

Behaviour Interactive Inc. in its equity financing with NetEase and Haveli


Behaviour Interactive Inc.




Financial Services

Date Closed



Lead Office



In early 2022, Behaviour Interactive Inc. (“Behaviour”) entered into an investment agreement with NetEase Interactive Entertainment, an existing shareholder, and Haveli Investments, a new investor, pursuant to which a minority stake of Behaviour was acquired. This equity financing will allow Behaviour’s continuous growth, including through acquisitions.

Behaviour, headquartered in Montreal, is Canada’s largest independent game developer, employing more than 1,000 talented people, with over 200 games released since their beginnings in 1992.

Haveli Investments is a United States based private equity firm that focuses on investing in the technology sector.

Osler, Hoskin & Harcourt LLP represented Behaviour with a team consisting of Etienne Massicotte, Sophie Amyot, Jean-Phillipe Bertrand and Samuel Alary (Corporate).