Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Investors are betting on the e-sports Industry
June 15, 2018

Investments in e-sports have exploded in recent years. Denmark is no exception and the e-sports company Rfrsh has received a DKK 200m investment despite negative returns over the past years. The latest financial reports show a DKK 27m loss, but the investors are optimistic and expect to break even in year 3. Rfresh owns the two e-sport teams Astralis and Heroic including the tournament concept Blast Pro Series.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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