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Intema Solutions (TSXV:ITM) closes acquisition of esports team

Media, Technology
TSXV:ITM
24 September 2021 13:15 (EDT)

Intema Solutions (ITM) has completed its acquisition of the owner of the Team BH esports team, Team Bloodhounds Inc.

Team BH is Canada’s second-largest esports and gaming entertainment organization with a combined following of over 7.25 million.

Montreal-based Intema is an emerging leader in the esports and iGaming industry.

Currently, Team Bloodhounds Inc. has 14 Fortnite players signed to its roster. The team hopes to extend into Activision’s Call of Duty and Riot Games’ Valorant. Team BH does not yet have competitive or content teams in either game, but this will be a top priority now that the transaction is complete.

“We couldn’t be more thrilled to finalize the acquisition of Team BH. Matteo built Team BH from the ground up, and in just three years, transformed it into a global juggernaut and Canada’s second most followed Fortnite esports team. Team BH has an engaged audience yet has barely scratched the surface as far as impact, influence, and reach in the esports space. We envision Team BH as a game-changing member of our growing esports ecosystem and are ready to help them take things to the next level,” said Intema President and CEO Laurent Benezra.

Di Penta launched Team BH in April 2018, and it now has a roster of influencers, professional gamers, and streamers, and more than 7.25 million combined followers across YouTube, Twitch, Instagram, and TikTok.

Team BH manages talent and promotes endorsement and sponsorship opportunities, which include everything from online tournaments to sponsored events.

Intema Solutions is unchanged, trading at $0.53 at 1:15 pm ET.

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