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Ese Completes Acquisition Of Auto Simulation Limited T/A Digital Motorsports

Sep 15, 2021over 4 years ago

Acquiring Company

ESE

Acquired Company

Digital Motorsports

WarsawMedia And EntertainmentManufacturingProfessional Services

Description

ESE Entertainment Inc. (TSXV: ESE) (OTCQB: ENTEF) (the “Company” or “ESE”) is pleased to announce that it has completed its previously announced acquisition of 100% of the shares of Auto Simulation Limited T/A Digital Motorsports (“Digital Motorsports”), an Ireland-based provider of advanced simulation racing infrastructure, technology and support.

Company Information

Company

ESE

Location

Warsaw, Masovian Voivodeship, Poland

About

ESE is a global technology company focused on gaming. The Company provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. ESE also operates its own ecommerce channels, esports teams, and gaming leagues.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed