G2 Esports, the Berlin-based esports powerhouse, is expanding its influence in the North American esports scene by acquiring the assets of Minnesota’s Version1, including the Call of Duty League franchise Minnesota ROKKR. This move, long rumored and finally confirmed, signifies a significant expansion for G2 Esports in North America.
Acquisition Details
- Date of Announcement: The acquisition, which had been in negotiation for several months, was finalized in early December.
- Financial Terms: The financial terms of the deal have not been disclosed publicly.
- Background: Version1’s CEO Brett Diamond had indicated openness to a merger or acquisition earlier this year, sparking widespread media speculation.
Strategic Partnership
- Partnership Structure: Version1’s ownership group, including WISE Ventures and entrepreneur Gary Vaynerchuk, has entered into a strategic partnership with G2 Esports, becoming shareholders in G2.
- G2’s Gain: G2 Esports receives operational rights for the Call of Duty League franchise, Minnesota Røkkr.
— Version1 (@version1gg) December 5, 2023
Expansion in North America
- Recent Moves: This partnership is part of G2’s ongoing expansion in North America, which also includes the acquisition of The Guard’s Valorant roster to enter the VCT Americas league, and players from Version1’s Rocket League team.
G2’s Esports Portfolio
- Diverse Titles: With this acquisition, G2 Esports now operates teams across eight major esports titles, including League of Legends, Valorant, Counter Strike 2, Rainbow Six: Siege, Rocket League, Wild Rift, Sim Racing, and Call of Duty.
Implications for the Esports Industry
G2 Esports’ expansion into the Call of Duty League through Minnesota Rokkr is a testament to the growing influence and strategic positioning within the North American esports market. This acquisition not only diversifies G2’s portfolio but also strengthens its presence in one of the world’s most competitive esports regions.