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eSports Investment Activity Soars by 714% to $1.33B in Q3 2020, M&A Value Surpasses $17.5B

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Activity of eSports Investment Rises by 714 Percent to $1.33bn in Q3 2020

As a result of the disruption of traditional sports in 2020, eSports has enjoyed increased attention as is evident from the investment activities it is receiving.

According to the research data analyzed and published by SafeBetting, eSports investment value rose by 714% quarter-over-quarter (QoQ) in Q3 2020 to reach $1.33 billion. The total M&A and investment transaction value for the three-month period was $17.54 billion.

Based on a Bloomberg report, Microsoft’s acquisition of ZeniMax at $7.5 billion in September 2020 was the second highest acquisition deal on record. The highest ever was Tencent’s $8.6 billion acquisition of Supercell in 2016.

Microsoft Acquires Zenimax for $7.5B, Second Largest Gaming M&A Deal on Record

During Q3 2020, there was a total of 179 M&A and investment deals globally, marking a QoQ increase of 32.59%.

According to The Gaming Economy Index, the number of deals in Q2 2020 totaled 131, reaching a total transaction value of $10.5 billion. Pre-IPO investment value in Q3 2020 shot up by 247.19% to $3.645 billion. The highest investment (non-M&A) into a private company during the period was $1.78 injected into Epic Games.

However, IPO activity dropped by 11.4% to $2.471 billion. Unity Software had the most valuable IPO, raising $1.3 billion at a valuation of $18 billion. Post-IPO activity declined by 97.17% with the deal volume going from 11 deals to 5 deals.

M&A value during the quarter was $11.65 billion, posting an increase of 262.0% QoQ. In fact, M&A accounted for 63.3% of the total transaction value during the quarter. September was the best month in M&A value, reaching a total of $11.77 billion courtesy of the Microsoft-ZeniMax deal. The deal saw Microsoft’s first-party game studios rise to 24 according to Games Radar.

Moreover, North America took the lead in transaction value, accounting for 80.6% of all received funds and 57.2% of all lead investment. It posted a 73.8% increase QoQ in terms of funding even as transaction value fell by 57% in APAC and 63% in EMEA.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Finance

Global Deal Activity Down by 4.5% in October 2020

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A total of 6,304 deals were announced globally during October 2020, which is a decrease of 4.5% over the 6,598 deals announced during September, according to GlobalData, a leading data, and analytics company. An analysis of GlobalData’s Financial Deals Database revealed that the deal volume during October remained below the monthly average of Q3 2020.

Aurojyoti Bose, the Lead Analyst at GlobalData, comments: “After demonstrating growth for four consecutive months, the deal volume shrank in October. The decline in deal activity could be attributed to inconsistencies across different regions. The APAC region remained a weak spot, while deal activity remained mostly flat in North America, and the Middle East and Africa (MEA) region witnessed growth in deal activity.”

North America attracted the highest number of investments, followed by APAC, Europe, the MEA, and South, and Central America.

The uncertain global economic landscape lowered the deal volume in October for major markets such as the US, Germany, Australia, France, India, and China compared to the previous month. On the contrary, the UK, Japan, South Korea, and Canada saw growth of 15.6%,14.9%, 3.8%, and 2.2%, respectively, in October as compared to September’s deal volume.

Bose continued: “Most of the deal types witnessed a decline in volume during October compared to the previous month. Private equity, equity offerings, venture financing, debt offerings, and partnership deals volume decreased by a respective 2.4%, 9.1%, 9.8%, 14.6%, and 24.6% – while the deal volume for mergers and acquisitions (M&A) increased by 7.2%.”

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Investment

Japaul to Invest in Chinese Firm H&H to Deepen Mining and Exploration Business

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Japaul Gold & Ventures Plc (Japaul), formerly known as Japaul Oil and Maritime Services Plc, announced it has gotten approval in principle from H&H Mines Limited to invest in or acquire shares in the company once it concluded its fundraising exercise.

According to a statement released through the Nigerian Stock Exchange (NSE), H&H Mines Limited has several licenses, which include two major Mining Leases for 25 years renewable.

The statement noted that extensive exploration has been done on the Mining properties and the last lap of the exploration works is core drilling. This, it said will allow Japaul knows the measured Minerals Reserve contained in the Mine, which it claimed contain Gold, Silver, Lead, Zinc, etc.

Japaul further explained that the need to get the drilling done was what led H&H Mining to engage the services of Xiang Hui International Mining Company Nigeria.

“Since Japaul will eventually be part of H&H Mines Limited, it was necessary that Japaul is carried along on the kind of Contract of Drilling to be entered into, and that was why the signing of the Drilling Contract between the Chinese Company and H&H Mines Limited was concluded at Japaul’s Head Office,” the company stated.

The drilling is expected to be concluded in the next 12 months and within this time, Japaul is expected to have concluded the Fund Raising and formalise her involvement in the Mining.

The company added that Canadian reports revealed that there are huge gold, silver, lead, etc deposits, but it is drilling that will show the actual reserve.

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Africa Investment Forum (AIF) Rescheduled to Hold in 2021 – AfDB

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Investment Forum to Now Hold in 2021 in a Bid to Curb Possible Second Wave of COVID-19  

The Africa Investment Forum scheduled to hold in November 2020 in Johannesburg, South Africa has been rescheduled to hold in2021 as a result of the ongoing global health pandemic.

This announcement was made in a statement by AfDB on Wednesday. The African Development Bank (AfDB) and the Africa Investment Forum founding partners agreed to the postponement of the annual three-day investment market place.

Considering the negative effect of Covid-19 on the global economy, agreement by the two bodies was made after a careful assessment of the impact of COVID-19 on global travels, investments, observing the social distancing rules and curbing the likely possible risk of a second wave.

In the statement, the bank stated that through the forum innovative digital platforms, it would track investments, source for new deals, progress on financial closure of transactions and other existing deals.

“At the 2019 Africa Investment Forum, 57 deals valued at $67.7bn were tabled for discussions. Fifty-two deals worth $40.1bn secured investment interest.

“In July this year, the AIF Founding partners pledged to strengthen strategic partnership engagement and commitments for Africa Investment Forum Market Days 2021, to help ‘reboot investments in Africa.’ They underscored the need to boost local manufacturing while leveraging the continent’s vast resources to unlock investment.”

In the statement, Africa Investment Forum objectives are achieved through the forum’s four pillars; Closing, Connecting, Engaging and Investment Tracking.

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