Drake Star Partners Advises Elgato Gaming On Its Sale To Corsair
-
Year
July/2018
-
Sector
Consumer & Retail Tech Computing & Consumer Electronics
-
Our Mission
Exclusive Finanical Advisor to Elgato
Content Creation Products
MUNICH | FREMONT, CA | July 2nd, 2018 – CORSAIR, a world leader in providing high-performance PC peripherals and components for gamers, enthusiasts and eSports athletes, announced they have reached an agreement to acquire Elgato Gaming, the Munich-based provider of hardware and software for content creators.
Global investment banking firm Drake Star Partners acted as exclusive financial advisor to Elgato Systems on this transaction.
“Elgato Gaming designs and develops the world’s leading products for content creation. This transaction was met with strong interest from global marketplayers and we are pleased that with CORSAIR, Elgato Gaming has found a strong partner for its continued international expansion”, said Ralf Philipp Hofmann, Managing Partner & Member of the Global Executive Committee at Drake Star Partners.
Drake Star Partners’ team: Ralf Philipp Hofmann, Daniel Schorege, Mareen Isabel Meiswinkel
Legal advisor to seller: Bird & Bird
About Elgato Systems
Elgato combines software with elegant hardware to create app-powered lifestyle technology defined by comfort, convenience, and control.
Since the launch of the award-winning EyeTV collection in 2002, the brand has evolved to embody Eve, an ecosystem of accessories for the connected home – and Elgato Gaming, a series of content creation tools for the connected generation.
Designed in Germany and California, Elgato products are distributed by major retailers in over eighty countries around the world.
For more information, please visit www.elgato.com
About CORSAIR
CORSAIR is a world leader in providing high-performance PC peripherals and components to gamers, enthusiasts and eSports athletes.
Founded in 1994, CORSAIR has won thousands of awards for its products including mechanical keyboards, precision gaming mice, wireless headsets, high-performance components that gamers use to build gaming PCs, and the CORSAIR ONE fully-integrated gaming PC.
For more information, please visit www.corsair.com
Inquiries
For further inquiries, please contact:
Ralf Philipp Hofmann
Managing Partner & Member of the Global Executive Committee
ralf.hofmann@drakestar.com | +49 89 1490 265 10
Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Singapore* and Dubai*. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 400 transactions since 2004, 70% of which are cross-border.
Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorised and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.
Inquiries
For further inquiries, please contact:
FullBiography
HR Tech
Software/SaaS
Digital Services
Munich