Immortals acquire Gamers Club, FalleN becomes shareholder
Earlier today Immortals announced they had closed a Series B funding round, raising $30 million for the organization. New investors include March Capital Partners and John Griffin, the founder of hedge fund Blue Ridge Capital.
Additionally, it was announced that the organization has been rebranded as Immortals Gaming Club (IGC), and that the holding company had acquired Gamers Club — the Brazilian equivalent of ESEA.
The combined organization will initially operate Gamers Club and IGC Esports as two distinct businesses, with the latter currently housing esports brands Immortals, MIBR, and Los Angeles Valiant. IGC's press release hailed the move as creating "the first-ever vertically integrated esports franchise operator and gaming platform."
Also announced was that MIBR captain and Gamers Club co-founder Gabriel "FalleN" Toledo would continue to be involved with the service, with himself and two other co-founders becoming shareholders in IGC. FalleN now joins the members of Astralis in owning a portion of the organization which he currently plays for.
