GameSquare Announces Agreement to Acquire FanEngine's IP Assets

GameSquare Holdings, Inc. (NASDAQ: GAME) has entered a definitive agreement to acquire assets from FanEngine Holdings Ltd., a media asset consolidator. The transaction is expected to boost profitability immediately and enhance multiple recurring revenue avenues. Well-known global IPs like Peaky Blinders and Simon's Cat are included in the deal.

The acquisition is set to increase GameSquare's annual revenue to over $150 million and achieve an adjusted EBITDA of $30 million by 2027. The deal is valued at approximately $15.9 million based on GameSquare's stock price of September 4, 2026.

This strategic move will enhance GameSquare's business model, enabling direct fan relationships and monetization through fan engagement and merchandising. The deal is expected to close in Q4 2026, with FanEngine stakeholders set to gain up to 40% of the combined company's equity based on performance milestones.