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ESE Entertainment Inc V.ESE

Alternate Symbol(s):  ENTEF

ESE Entertainment Inc. is a Canada-based global technology company focused on gaming and esports. The Company provides a range of services to video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. It also operates its own e-commerce channels, esports teams, and gaming leagues. It operates through the digital media and entertainment segment. Its portfolio includes Frenzy, Virtual Pitstop, and K1CK. Frenzy is a media and production company, which is focused on the video game industry. Frenzy creates and executes esports and gaming events, broadcasts, and media content. Frenzy also operates professional mobile, automated TV equipment. Virtual Pitstop provides technology for video game developers, racing fans, and gamers to engage in motorsport-related esports across the globe. K1CK manages esports teams that compete across multiple games and platforms, including League of Legends, FIFA, Apex Legends, and more.


TSXV:ESE - Post by User

Post by firstandgoal43on Dec 01, 2021 4:24pm
170 Views
Post# 34187094

$ESE - New Gaming Tech Acquisition

$ESE - New Gaming Tech Acquisition

$ESE announces new acquisition of GameAddik, a gaming tech company with $24m in revenue. On top of the major client list they are acquiring, ESE was able to negotiate very beneficial terms on the acquisition including a clause to meet revenue milestones. CEO Konrad Wasiela stressed how good the deal is for shareholders especially with no dilution. 


Last quarter run rate was $17m not including acquisitions of Frenzy and Digital Motorsports, market share continues to grow and the VALORANT tournament has seemed to be a success. The opportunity to enter iGaming also presents itself now after recent acquisition. Multiple options for an already growing esports company $ESE.V

 
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