Report: Jason Lake intends to acquire Complexity from GameSquare

Complexity's CEO and founder Jason Lake is considering the acquisition of the brand from esports holding GameSquare. HLTV.org reported this information, citing sources familiar with the situation.

According to the published information, an American businessman began searching for investors for the deal after GameSquare announced their plans to acquire FaZe. The holding is probably interested in selling Complexity, since having two Counter-Strike rosters may affect the opportunities for full-fledged performances of one of the teams due to a conflict of interest.

Complexity and FaZe are ESL partners, which grants them permanent membership in ESL Pro League and other leading events of the tournament operator. In addition, both clubs have permanent slots at the BLAST Premier regular tournaments.

As of now, ESL and BLAST have not made official statements about the conflict of interest of these teams, however, representatives of both companies claimed that they are monitoring the situation and intend to maintain the integrity of the competition.

Note that Complexity's acquisition by GameSquare took place in the summer of 2021 and was valued at $27 million. In turn, the deal to purchase FaZe was finalized for $17 million in October of this year.

Origin: www.hltv.org