Valhallan Acquires Nxt Up Esports, Adding Virtual Capabilities To Reach More Youth Gamers Across The Globe
Oct 27, 2022•over 2 years ago
Acquiring Company
Valhallan
Acquired Company
Esports
Description
Growing esports franchise Valhallan announced today its acquisition of NXT UP Esports, the largest provider of virtual youth esports camps and leagues across the United States. The move enables Valhallan to provide an inclusive environment for esports competition, regardless of skill, for kids anywhere in the world, even if there isn't a Valhallan arena close by.
M&A Insights
Based on deal dataIntegration 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