M&A Deal Summary

X1 Esports and Entertainment Acquires ShiftRLE

On July 25, 2022, X1 Esports and Entertainment acquired digital media company ShiftRLE

Acquisition Highlights
  • This is X1 Esports and Entertainment’s 2nd transaction in the Digital Media sector.
  • This is X1 Esports and Entertainment’s 2nd transaction in the United States.
  • This is X1 Esports and Entertainment’s 1st transaction in Nevada.

M&A Deal Summary
Date 2022-07-25
Target ShiftRLE
Sector Digital Media
Buyer(s) X1 Esports and Entertainment
Deal Type Add-on Acquisition

Target

ShiftRLE

Las Vegas, Nevada, United States
website
ShiftRLE is an online news outlet focused on the popular video game, Rocket League. It currently reaches over 8 million impressions during the seasonal period of RLCS, while seeing growth of 14 million impressions during transfer periods where the roster news cycle is most active. With operations in America and Europe, the organization has established an international presence in the Esports industry. ShiftRLE is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

X1 Esports and Entertainment

Vancouver, British Columbia, Canada

website

Category Company
Sector Digital Media
DESCRIPTION

X1 Esports and Entertainment is a video game and media portfolio company that owns and operates a growing esports franchise, RixGG. The business of the Company is the competitive playing of video games by teams for cash prizes, and operations ancillary to such competition, such as merchandising and the hosting of tournaments. X1 Esports and Entertainment is based in Vancouver, British Columbia.

DEAL STATS #
Overall 2 of 2
Sector (Digital Media) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Nevada) 1 of 1
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-18 Tyrus Talent Services

Cheyenne, Wyoming, United States

Tyrus Talent Services is a boutique talent management group for digital content creators. The group works with creators in the gaming and lifestyle verticals, providing creators with paid opportunities from free game codes to booking for live shows and paid partnerships around the globe. It also offers more integrated services such as social media management, platform management, video editing, and short-form content editing. Tyrus Talent Services was formed in 2017 and is based in Cheyenne, Wyoming.

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