TGS Esports Acquires Pepper Esports

September 1, 2020

TGS Esports Inc. entered into a letter of intent to acquire Pepper Esports Inc., a competitive esports platform, in a share-for-share transaction that would issue approximately C$6.07 million in TGS shares as consideration. The acquisition is intended to bring Pepper's tournament-management technology (including a patent-pending AI engine) and recurring revenue streams into TGS's ecosystem to expand capabilities, monetization and global reach.

Buyers
TGS Esports Inc.
Targets
Pepper Esports Inc.
Location
United Kingdom
Transaction Type
Buyout

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