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Gamurs Group Announces Acquisition Of High Profile Gaming And Esports News Publications

Sep 29, 2022about 3 years ago

Acquiring Company

GAMURS Group

Acquired Company

Royal Coal

SydneyTorontoNewsVideo GamesGamingInternet

Description

GAMURS, the leading gaming, esports, and entertainment media network, today announced it has acquired six high profile digital esports and gaming news publications from a NASDAQ and Toronto Stock Exchange-listed gaming entertainment company.

Company Information

Company

GAMURS Group

Location

Medical Pkwy

Sydney, New South Wales, Australia

About

The GAMURS Group is the leading esports media network and a growing contender in the entertainment space. We strive to inform and engage the global gaming and entertainment communities with the best content.

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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