All Articles
Gaming

Jerry Jones' Public Gaming Company is Entering a New Esports Phase

October 25, 2023
x min read

Dallas Cowboys owner Jerry Jones is behind a gaming company that is going on an acquisition spree.

What’s happening:

  • Dallas based gaming company GameSquare Holdings (NASDAQ: GAME) is set to acquire FaZe Holdings (NASDAQ: FAZE)
  • FaZe Holdings previously went public in a SPAC deal that raised more than $60M in new capital

Why it matters:

  • FaZe Holdings is widely considered one of the most prominent brands in esports and gaming despite struggling as a publicly traded company
  • The new combined entity is expected to be a powerful force in the gaming space with major brand partnerships

By the numbers:

  • FaZe Holdings went public at a valuation of $725M USD
  • The acquisition by GameSquare Holdings will value FaZe Holdings at approximately $17M USD

Market reaction:

  • Shares in GameSquare Holdings are up +27% since the announcement of the acquisition

Discover the world's most disruptive early stage companies with 25,000+ investors.

The markets and trends that matter, made simple.

Join top talent at the world's most respected institutions, companies, and venture capital funds.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.