M&A · Industrials · Services-Miscellaneous Amusement & Recreation
GameSquare Holdings, Inc. to acquire FaZe Holdings Inc.
Announced Oct 20, 2023 · Closed Mar 8, 2024
Deal value—
Premium15.0%To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock
Transaction
- Acquirer
- GameSquare Holdings, Inc. (GAME)
- Target
- FaZe Holdings Inc.
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Mar 8, 2024
Deal protections
Not yet read from the merger agreement.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Sector context · Industrials
- Comparable deals
- 79 in the prior 24 months
- Premium
- 15.0% vs. 50.0% sector median
- EV / Adj. EBITDA
- Sector median 10.8x
- Break fee
- Sector median 2.9%
Timeline
- AnnouncedOct 20, 2023
- Proxy filedJan 26, 2024
- Definitive proxyJan 26, 2024
- Shareholder voteFeb 16, 2024
- ClosedMar 8, 2024