M&A
Version1 Announces Merger with G2 Esports for North American Expansion
Explore the dynamics of the strategic partnership and merger between Version1 and G2 Esports, delving into the impact on North American esports, the acquisition of Call of Duty League franchise rights, and the organizations’ shared vision for future success.
A Major Merger, in the World of Esports
In a move the ownership group behind American esports organization Version1 led by WISE Ventures and entrepreneur Gary Vaynerchuk has officially announced a strategic partnership with European esports powerhouse G2 Esports. This collaboration involves shareholding and a game changing merger that spans across continents.
G2 Esports Expands into the North American Market and Acquires Franchise Rights
As part of this alliance G2 Esports obtains the operating rights for the Minnesota Røkkr Call of Duty League franchise signaling the giants venture into the North American market throughout 2023. This expansion comes after Version1s COO Brett Diamond stated in April 2023 their intention to pursue a merger.
Version1s Presence Across Multiple Titles and G2 Esports Ambitions in North America
Version1 known for its portfolio of esports teams in Rocket League and VALORANT secures a position within this partnership. At the time G2 Esports solidifies its presence in North America by securing a spot in the VCT Americas league, for the competitive VALORANT season of 2024.
Reviving G2 Esports Call of Duty Aspirations
This collaboration marks G2 Esports reentry into Call of Duty esports after fielding a roster during the 2018/19 season.Despite facing obstacles the organizations recent emphasis, on the Call of Duty esports scene showcases their dedication to achieving excellence, in the world of competitive gaming.
