ESE Entertainment Inc CEO Konrad Wasiela tells Proactive it plans to acquire gaming technology company GameAddik for over $4.8 million in cash and 7.3 million in ESE shares. According to ESE, GameAddik generated around $24 million in unaudited revenue during fiscal 2020 and $4.7 million in income from operations. The gaming company said that the acquisition will help to increase revenue and profitability, expand its Tier One client base and strengthen its technology stack.
ESE Entertainment 'plants a flag in North America' with intent to acquire Canadian game tech group