NODWIN Gaming, an entertainment, gaming, and esports and material subsidiary of Nazara Technologies, announced the acquisition of Starladder, an esports IP and services company in a deal valued at an initial consideration of $5.5 million (₹46.75 crores).
This acquisition will see StarLadder become a fully owned subsidiary of NODWIN Gaming Pte (Singapore), marking a significant step in expanding its AAA IP and event production portfolio worldwide.
The acquisition of 100% of the share capital of StarLadder will be a combination of secondary sale and stock swap of NODWIN Gaming Pte shares for an initial consideration of up to $5.5 million (₹46.75 crores).
The initial consideration would be payable partly by way of Cash consideration up to $2 million (₹17 crores) and a balance of $3.5 million (₹29.75 crores) by way of a swap of equity shares of NODWIN Gaming Pte.
As part of this transaction, the founder Roman Romanstov would become a shareholder of NODWIN Gaming Pte and continue to lead the business going forward.
Founded in 2018 by Roman Romanstov, StarLadder has established itself as a superstar team of creative event producers who have put together a Valve CSGO Major, Valve Dota2 Major and Minors, 18 seasons of legendary StarSeries CS 1,6 and CSGO. 17 seasons of Starseries in DOTA2.
Starladder organized many white-label events and has experience working with the largest game developers such as Valve, Tencent, Krafton, Blizzard, Riot Games, Supercell, Com2us, Moonton, Smilegate, etc.
Akshat Rathee, Co-Founder of NODWIN Gaming, said, “StarLadder and Roman has been and remains the superstars behind the Creme de la Creme events that esports fans have loved to see. Roman is considered one of the pioneers of esports event production with his deep insight in stage design, creative broadcast solutions and entrepreneurial energy. I have been a fan of his work for the longest time and cherish the opportunity to work and build NODWIN with one of my heroes. With this NODWIN will level up our capability invision bigger and better IPs and events for our fans and partners to love.”
Roman Romanstov, Founder of Star Ladder, said, “We live in an era of globalization, where the synergy of resources, expertise, and potential drives success and paves the way for future growth. We are thrilled to have found partners and like-minded individuals who share our vision and ambition. Together with NODWIN Gaming, Starladder is committed to creating extraordinary experiences for fans, delivering unforgettable events across multiple games and regions. Stay tuned for what’s to come!”
This deal complements NODWIN Gaming’s recent strategic moves, including the acquisition of Comic Con in India, Agency, Influencer and MCN business Trinity Gaming, Agency business of AFK Gaming, German esports and gaming marketing agency Freaks 4U Gaming, West Asia and Turkey-focused marketing and esports agency Ninja Global and Singapore-based live events firm Branded.
