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Announced

Completed

Gray Television led a $40m Series C funding round in Envy Gaming.

Financials

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Transaction Value£28m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Acquisition

entertainment company

Single Bidder

United States

Domestic

Completed

Entertainment

Minority

Synopsis

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Gray Television, a television broadcast company, led a $40m Series C funding round in Envy Gaming, an entertainment and esports company. “We’re excited to lead this investment in Envy Gaming, an organization known for breaking ground and pushing the limits of what the future holds for gaming and entertainment," Hilton H. Howell, Gray Executive Chairman and CEO.

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