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ATU Partners to acquire DragonX through esports-focused fundBy Son Ji-hyoung
Published : Dec. 23, 2019 - 14:38
The terms of the deal involving the League of Legends team, rebranded from Kingzone Dragon X, remain undisclosed. Alongside the deal, ATU Partners also reached an agreement to buy an undisclosed stake in esports agency Azyt.
ATU Partners was founded in May 2019 by Chief Executive Park Jung-moo, a former McKinsey & Company consultant who headed global business teams in OGN and CJ ENM. The lifestyle-focused PE has named Third Wave Digital Managing Director Allen Deveoise as chief adviser to the fund.
By Son Ji-hyoung (email@example.com)
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