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Tag: Investments, M&A

X1 Esports agrees to buy Rocket League esports news outlet ShiftRLE

Canadian esports and entertainment company X1 Esports has agreed to acquire Rocket League news outlet ShiftRLE and hire its key staff. X1 Esports will purchase...

Los Grandes launches ‘IPO’ for fan partner programme

Brazilian esports organisation Los Grandes has partnered with investment platform DIVI•hub to launch a sort of ‘public offering’ of stocks for its fan partner...

BREAKING: FaZe Clan to go public after SPAC merger vote approved

North American esports and gaming organisation FaZe Clan is set to become publicly listed after shareholders at B. Riley Principal 150 Merger Corp (BRPM),...

FaZe SPAC merger likely to succeed after key barrier removed

B. Riley Principal 150 Merger Corp (NASDAQ: BRPM) has all but ensured that its looming merger agreement with FaZe Clan will close, Esports Insider...

3D Aim Trainer acquired by SteelSeries

FPS practice and training tool 3D Aim Trainer has been acquired by Danish peripheral company SteelSeries.As a result, 3D Aim Trainer’s entire team will...

Mobile miracles: The rise and reign of mobile esports in Southeast Asia

Simply put, mobile esports is a phenomenon across Southeast Asia (SEA). In particular, four mobile titles have cemented themselves within SEA — Free Fire, Arena...

Juked commences second crowdfunding round

Juked, a social media app aimed at esports fans, has announced the start of a crowdfunding campaign on the Wefunder platform. The campaign will...

Esports Insider’s The Clutch announces $25,000 prize pool supported by Overwolf 

Esports Insider is pleased to announce Overwolf, an all-in-one platform that enables creators to build, distribute, and monetise in-game apps and mods, as the...

Dulcedo acquires gaming and esports startup C4G Agency

Montreal-based talent agency Dulcedo Management has acquired esports marketing agency C4G Agency. The acquisition will see C4G combine with Dulcedo’s existing gaming and entertainment division,...

RightBridge Ventures closes £800,000 private placement

Esports-focused venture capital company RightBridge Ventures (RBV) has closed a private placement of SEK 10.1m (~£812,000). The placement, which represents about a 6% stake in...

CSL Esports becomes new division of Playfly Sports

Collegiate esports company CSL Esports has become a new division of sports marketing, media, and technology company Playfly Sports.As a result of the deal,...

Profitability Pressure: B. Riley on going public and the financial future of esports

Esports companies are approaching the end of their financial runway. The industry was fueled by venture capital firms and private investors in its earliest...

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