Exitwise
industries Technology, Media & Telecom (TMT)

eSports

Esports is a fast-growing market within the world of gaming, mainly driven by the ongoing digitalization, increasing smartphone usage, and rising awareness of gaming. Faster and better technology opens up new possibilities, with the COVID-19 pandemic fueling the demand for eSports. The market will constantly grow due to the creation of more teams, tournaments, companies, and hence a wide-reaching platform for sponsorship and advertisement. Not only does the prize money from tournaments rise but also the amount invested into different teams, owing to the increase in live stream viewers and profitability. With China remaining the biggest market and the U.S. and Germany following behind, the eSports market is expected to witness strong double-digit growth. Recent consolidation in the gaming industry and the entry of FaZe Clan into the stock market have drawn further attention to the market.

— Statista

Revenue

Revenue

Select Advertising M&A Transactions

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sold
Complexity
technology, media, & telecom — eSports

Complexity is one of America’s premier and longest standing esports organizations, recognized as a global leader in modern esports. The franchise is co-owned by Dallas Cowboys owner Jerry Jones.

Acquired by GameSquare
sold
FUTBIN
technology, media, & telecom — eSports

FUTBIN is a FIFA community platform that provides the game’s player base with insights into FIFA’s ‘Ultimate Team’ game mode.

Acquired by Better Collective
sold
Helix eSports
technology, media, & telecom — eSports

Helix eSports owns five esports entertainment centers and offers a variety of experiences including casual play, competitive tournaments, STEM programming, high school leagues, large groups, and esports bootcamps.

Acquired by Esports Entertainment Group
sold
Monaco Esports
technology, media, & telecom — eSports

Monaco Electronic Sports (MES) provides online and offline solutions for video game tournaments. It provides the necessary tool for gamers to value their skills by transforming their talent into cash.

Acquired by Finest