M&A Deal Summary

Millennial Esports Acquires DriverDB AB

On September 25, 2019, Millennial Esports acquired digital media company DriverDB AB for 140K GBP

Acquisition Highlights
  • This is Millennial Esports’ 2nd transaction in the Digital Media sector.
  • This is Millennial Esports’ largest (disclosed) transaction.
  • This is Millennial Esports’ 1st transaction in Sweden.

M&A Deal Summary

Date 2019-09-25
Target DriverDB AB
Sector Digital Media
Buyer(s) Millennial Esports
Deal Type Add-on Acquisition
Deal Value 140K GBP

Target

DriverDB AB

Sundsvall, Sweden
DriverDB AB is a data provider to racing drivers and the general motorsport industry and has more than 70,000 active monthly users. DriverDB is based in Sundsvall, Sweden.

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Buyer(S) 1

Buyer

Millennial Esports

Toronto, Ontario, Canada

Category Company
Founded 2016
Sector Digital Media
DESCRIPTION

Millennial Esports Corp. owns and operates "thE Arena", Las Vegas' first permanent Esports Arena and studio. "thE Arena" is a state of the art 15,000 square foot facility located on world famous Fremont Street, at the Neonopolis, in the heart of Downtown Las Vegas. Millennial Esports also owns and operates streamhatchet.com, a data analytics company that provides meaningful analytics and business intelligence for those persons and entities involved in video game streaming. The Company operates millennialesports.gg, an Esports platform and online community, which provides gamers with a variety of online competitions, leagues and ladders, giving them an opportunity to win prizes and garner recognition within the global Esports community.


DEAL STATS #
Overall 4 of 5
Sector: Digital Media M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Sweden M&A 1 of 1
Year: 2019 M&A 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-08 Eden Games SAS

Lyon, France

Eden Games SAS is a publisher of racing video games, that offers a range of gaming applications such as V-Rally and Test Drive Unlimited. Eden Games SAS was founded in 1997 and is based in Lyon, France.

Buy €7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-10 LetsGoRacing

London, United Kingdom

LetsGoRacing is a YouTube channel that focuses on motorsport and esports racing content, from the creators of The Apprentice. The channel has achieved more than 40 million views from fans across the globe who have watched an incredible 270 million minutes of content since 2013. That equates to 513 years of viewing of Racing, motorsport, gaming, features and esports competitions.

Buy -