Oxent and Webedia
The Webedia group, a leading international web publisher of leisure and entertainment properties with 28 million unique users per month in 2016 based in France, has expanded its eSports activities by acquiring Oxent, the pioneering eSports company, producer of the Electronic Sport World Convention and developer of the eSports tournament management platform, Toornament.com.
Oxent, founded in 2009 by industry veterans Matthieu Dallon and Antoine Frankart, has emerged as an eSports leader by developing 2 activities: the organization of ESWC events and the development of the Toornament.com platform. The ESWC (eSports World Convention) is one of the leading international eSports events globally, bringing together the best players in the world and their fans. Oxent also develops and runs the Toornament.com platform, the backbone for eSports tournament organizers, their participants and their fans. Oxent also provides services for game publishers such as the management of the “Just Dance World Cup” for Ubisoft or the organization of large tournaments with Activision for the “Call of Duty World League”.
Oxent will promote eSports competitions and events set up by Webedia in France such as the Heartstone Festival last July which was attended by more than 4,000 people and will develop global projects and offers to internationalize Webedia’s eSports activities.
In this competitive process initiated in April 2016, Ohana & Co. acted as exclusive financial advisor to Oxent and its shareholders.