According to multiple reports, the Brazilian gaming organizations Los Grandes and Team oNe have merged together. Based on a statement from Los Grandes, the new company is worth $18.7 million.
This deal will see Team oNe and all of its assets transferred to Los Grandes. Additionally, the CEO of Team oNe has now joined Los Grandes’ board of directors. Los Grandes will also take over Team oNe facilities in the United States as well as the organization’s CS:GO roster. That team has since been rebranded to Los + oNe.
Both organizations will maintain separate esports rosters for the time being. However, they will make decisions about branding and roster support in the near future.
Team oNe is a smaller esports org that has rosters competing in CS:GO, Free Fire, League of Legends, and Rainbow Six Siege. Meanwhile, Los Grandes supports Free Fire, LoL, and Counter-Strike teams.
(All information was provided by Dexerto)
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