Nin­ten­do has announced they will acquire Next Lev­el Games, the devel­op­ing com­pa­ny that has worked on the Luigi’s Man­sion and Mario Strikes franchises. 

The gam­ing giant will buy 100% of the out­stand­ing shares of the Cana­di­an-based devel­op­er, mak­ing Next Lev­el Games a whol­ly owned sub­sidiary of Nin­ten­do. Finan­cial terms were not dis­closed, but the acqui­si­tion is expect­ed to go through on March 1st.

In Nin­ten­do’s announce­ment, the com­pa­ny stat­ed, “A num­ber of own­er-direc­tors recent­ly deter­mined that the time is right for them to sell their shares, and NLG there­fore began explor­ing poten­tial sale transactions.”

Next Lev­el Games’ first Nin­ten­do-exclu­sive was Super Mario Strikes for Game­Cube back in 2005, fol­lowed by Mario Strikes Charged for the Wii. They also devel­oped 2009’s Punch-Out!! (Wii), Luigi’s Man­sion Dark Moon and Metroid Prime: Fed­er­a­tion Force for the 3DS

Pre­vi­ous­ly, Next Lev­els Games was an inde­pen­dent com­pa­ny, work­ing on games for Activi­sion, such as Spi­der-Man: Friend or Foe and Trans­form­ers: Cybertron Adventures.

Nin­ten­do also said only “minor effects” will take place for the cur­rent finan­cial year due to the acquisition.