Tech company eVenture Limited, the owners of VPN service hide.me, has agreed to acquire Croatian esports organisation Valiance, the two parties confirmed via a release.
Under new leadership, Valiance will continue competing in League of Legends, but the new owners noted that the organisation will now have the support it needs to further elevate its performance. Hide.me will also be the main jersey sponsor for Valiance.
Valiance is one of the most known esports organisations in the Balkans. The organisation was founded in 2016 as Valiance&Co., but has since changed both name (From Valiance&Co to CR4ZY and back to Valiance) and ownership, prior to becoming the company it is today.
Valiance fields a team in League of Legends, but is perhaps best known for being the team in which Nemanja ‘huNter’ Kovač and Nemanja ‘nexa’ Isaković played prior to joining G2 Esports in 2019.
The biggest accomplishment for the current Valiance roster is winning the Esports Balkan League Summer Playoffs in 2022 and qualifying for the main event of the European Masters 2022.
The new owner of Valiance, hide.me, is a notable VPN provider, who already sponsored Valiance for the Summer Playoffs of the EBL. The company has more than 20 million users worldwide, and this is its first venture into esports team ownership.
Hide.me did not disclose any detailed plans for Valiance, but only noted that the team now has financial and logistical support to compete at the highest level.
Sebastian Schaub, CEO of hide.me, said: “We’re incredibly excited to enter the esports space with our acquisition of Valiance, a team that shares the same values as us. With hide.me being so widely used by gamers, we have paid close attention to the esports space for some time, and Valiance caught our attention.
“The team’s recent success against all the odds highlights the opportunity we have to support the team’s growth”
