Private equity company Supernova Capital has announced the acquisition of Player1 Events from UK-based gaming retailer GAME. Financial deals of the acquisition were not disclosed.
The deal will see the equity firm be in charge of organising the Insomnia Gaming Festival, a UK-based event scheduled to take place in August 2021. According to the release, the date is dependent on COVID restrictions.
As part of the acquisition, Craig Fletcher, the Founder of Multiplay and the Insomnia Gaming Festival, will lead the festival’s operations along with joining Supernova’s executive team.