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New Deal


Announced

Completed

NRG completed the merger with Madison Square Garden-backed Counter Logic Gaming.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Majority

Completed

e-sports

video games

United States

Entertainment

Single Bidder

Merger

Acquisition

Private

Friendly

Synopsis

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NRG, a professional gaming and entertainment company, completed the merger with Madison Square Garden-backed Counter Logic Gaming, an esports organization. Financial terms were not disclosed. "NRG is a leading professional gaming and entertainment company with championship teams and innovative content. This transaction has brought together premier esports teams with a track record of success and allows MSG Sports to remain a significant investor in the esports industry," David Hopkinson, MSG Sports President and COO.

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