GameSquare completes FanEngine IP assets acquisition and outlines 2027 revenue and EBITDA targets

GameSquare Holdings Inc. closed its purchase of FanEngine's sports, music and entertainment intellectual‑property assets after shareholder approval. The deal adds franchises such as Peaky Blinders, Simon’s Cat and rights to fifteen global athletes. GameSquare projects 2027 revenue above $150 million, gross margin over 50%, and adjusted EBITDA exceeding $30 million, while 2026 pro‑forma revenue is expected to be at least $85 million with adjusted EBITDA of at least $5 million.

The company expects the acquisition to lift revenue and profitability, targeting more than $150 million in sales and over $30 million in adjusted EBITDA by 2027, which could improve its valuation. The 2026 guidance provides a baseline for investors to assess short‑term performance after the transaction.

  • 1The acquisition added rights to franchises including Peaky Blinders, Simon’s Cat and fifteen global athletes.
  • 2GameSquare projects 2027 revenue exceeding $150 million.
  • 3The company expects gross margin above 50% for 2027.
  • 4Adjusted EBITDA is projected to surpass $30 million in 2027.
  • 5For 2026, pro‑forma revenue is expected to be at least $85 million.
  • 6Adjusted EBITDA for 2026 is expected to be at least $5 million.

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