Aspire Global to sell B2C segment to US-based Esports Technologies
Categories: Corporate and M&A
Aspire Global has finalized an agreement to sell its B2C segment to the US-based Group, Esports Technologies.
Consideration for the deal amounts to approximately €65 million, comprising cash, debt and shares. The transaction also includes an agreement whereby Aspire Global will provide platform and management services to the purchaser for a period of four years, at an estimated value of approximately €70 million.
Aspire Global’s B2C segment consists of several B2C brands, including the very successful Karamba brand.
Herzog Managing Partner, Gil White, led the team with the assistance of partners Itai Sarfaty, Liran Barak, Jenia Melkhior and associates Ethan Henshell and Yuval Haimovich.
