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Johan Gedda and Vækstfonden led the $13.5m round in Blast.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Private

Denmark

Acquisition

esports

Entertainment

Single Bidder

Completed

Minority

Friendly

Private Equity

Domestic

Synopsis

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Johan Gedda, a co-founder of Rocket Software, and Vækstfonden, the returning investor, led the $13.5m round in Blast. Existing investors European VC funds also participated: Creandum, Heartcore Capital, and Maki.VC.

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