Enthusiast Gaming Acquires Outplayed, Inc. (U.GG)

November 23, 2021

Enthusiast Gaming Holdings Inc. acquired Outplayed, Inc., the owner of U.GG, for approximately $45 million in cash and stock plus up to $12 million in earnouts. The acquisition brings U.GG's ~8 million monthly active League of Legends users and data-driven analytics capabilities into Enthusiast Gaming's media and esports platform to expand its reach in the League of Legends community.

Buyers
Enthusiast Gaming Holdings Inc.
Targets
Outplayed, Inc. (U.GG)
Sellers
Outplayed, Inc., Shinggo Lu, Alan Liang, Harris Blitzer Sports & Entertainment
Location
Texas, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.