What G2’s strategic partnership with Version1 means for esports mergers in 2024
2024 is shaping up to be a year of M&A for the esports industry.
The past 12 months have seen a rise in esports mergers and acquisitions. As some teams face economic challenges, their larger rivals have taken esports winter as an opportunity to expand their portfolios into new esports titles and gaming communities. Going into the new year, this activity shows no signs of slowing.
Quite a few esports and esports-adjacent mergers and acquisitions have taken place over the last year. NRG acquired CLG, GameSquare acquired FaZe Clan and numerous other teams have made it clear that they are looking for opportunities to sell their franchised teams or otherwise divest from competitive gaming.
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Source:: Digiday
