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ESE Entertainment Inc
Symbol ESE
Shares Issued 81,734,523
Close 2024-10-22 C$ 0.10
Market Cap C$ 8,173,452
Recent Sedar Documents

ESE Entertainment reviews Bombee acquisition

2024-10-23 15:44 ET - News Release

Mr. Konrad Wasiela reports

ESE ENTERTAINMENT PROVIDES CORPORATE UPDATE ON BOMBEE AMERICAS ACQUISITION

ESE Entertainment Inc. has provided a corporate update following its acquisition of Bombee Global Entertainment Ltd., the North American arm of the premier gaming production and entertainment company, Bombee Event Production AB. Bombee is known for delivering world-class live productions and event management for top-tier clients, including Activision Blizzard, RedBull, Electronic Arts and more.

This acquisition represents a pivotal moment in ESE's growth strategy, as Bombee's expertise in the gaming and traditional media space, coupled with its strong roster of Tier 1 clients, positions ESE to further scale operations across North America and beyond.

Strategic highlights and future objectives:

  • Proven revenue growth and future pipeline: Bombee brings strong financial performance with a robust project pipeline extending into 2025 and 2026. This acquisition reinforces ESE's growth trajectory, enabling both companies to capitalize on new opportunities and revenue streams, driving long-term profitability.
  • Expanded technology and production: Bombee's offerings range from live production, including artificial intelligence, immersive augmented reality, special effects and broadcast solutions. This adds significant capacity for ESE to deliver premium content and experiences to both gaming and entertainment clients.
  • Working with Tier 1 clients: Bombee has a proven record of working with industry giants such as Electronic Arts, producing high-profile events such as the Overwatch League Grand Finals 2023, ALGS Split 1 Playoffs and many more, that have reached millions of fans worldwide. With this acquisition, ESE taps into Bombee's established customer relationships with global brands, expanding its reach in the gaming and entertainment arenas.
  • Enhanced capacity to scale: With Bombee's state-of-the-art production capabilities, ESE is poised to enhance its ability to deliver large-scale, high-quality projects across gaming and entertainment, live broadcasting, and special effects.
  • Experienced management team: Bombee's leadership brings deep industry expertise and operational insight, which will enhance ESE's capabilities and reinforce its long-term strategic vision.

Konrad Wasiela, chief executive officer of ESE Entertainment, shared: "Acquiring Bombee is a game-changing step for ESE. Bombee's expertise in delivering world-class gaming and entertainment experiences, alongside their work with Tier 1 clients, aligns perfectly with our vision to become a North American leader in the gaming and entertainment space. We are now better positioned than ever to scale, innovate and deliver unparalleled value to our clients and shareholders."

Tamir Kastiel, chief executive officer of Bombee Americas, shared: "Today marks a groundbreaking moment in Bombee's journey and a pivotal step that furthers our plan for global expansion. Together, we will innovate, expand our reach and redefine what's possible in our industry. This partnership opens incredible doors for growth and opportunity. We have a lot of exciting plans, and I am excited for what the future holds for our team, clients and partners."

Gustav Karlsson, founder of Bombee AB, shared: "The rapid growth and success of the American entity is a positive reflection on our global brand. While our European entity was not included in this transaction, I am enthusiastic for the future of the global brand and the partnerships that are being built. Congratulations to the team and everyone involved."

With a revitalized operational structure and an enhanced portfolio of offerings, ESE is committed to driving innovation across gaming and entertainment. The combined resources of Bombee and ESE not only strengthen their position in the industry but also open up new opportunities to innovate. The expanded service offerings and enhanced operational capacity will enable ESE to drive even greater results for its clients, delivering immersive and technically advanced experiences across the globe.

About ESE Entertainment Inc.

ESE is a global technology company focused on gaming. The company provides a range of services to leading video game developers, publishers and brands by providing technology, infrastructure and fan engagement services internationally. ESE also operates its own e-commerce channels, e-sports teams and gaming leagues.

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