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New Deal


Announced

GameSquare Holdings to acquire FaZe Clan.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares, Asset Swap
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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esports

United States

media platform

Acquisition

Domestic

Pending

Single Bidder

Majority

Public

Friendly

Gaming

Synopsis

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GameSquare Holdings, a vertically integrated, international digital media, entertainment and technology company, agreed to acquire FaZe Clan, an esports and entertainment organization. "The acquisition of one of the biggest names in gaming serves as a perfect illustration of how we have built a powerful infrastructure with expansive scale that we can use to leverage the full spectrum of resources within the GameSquare ecosystem. We are also thrilled to welcome back the founders of FaZe Clan and their fans, one of the most deeply engaged communities born on the internet," Justin Kenna, GameSquare CEO.

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