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Home Business Team Vitality and HKS Sports & Entertainment Announce Paris Facility

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Team Vitality and HKS Sports & Entertainment Announce Paris Facility

by Andrew Hayward April 25, 2019

written by Andrew Hayward April 25, 2019

Team Vitality will establish a facility in Paris via a partnership with HKS Sports & Entertainment.

The facility will serve the team’s “internal and external operations,” according to a release.

Vitality received a €20M ($22.7M USD) investment in November that was planned to help fund planned facilities.

Team Vitality

will establish a multi-use facility in Paris in partnership with design firm HKS Sports & Entertainment, the team announced today.

In an email to The Esports Observer, a Vitality representative confirmed that the facility will be for both the team and fans, and will open later this year. “Offering the ultimate playground for the community and players to grow and interact shows the team’s commitment to a sustainable, credible, and long-term development of their brand,” reads the release.

The facility will harness the firm’s knowledge to “expand Team Vitality’s goals and objectives by developing multiple revenue streams,” according to the release, and the “space will act as a flagship for [Vitality’s] internal and external operations.”

Founded in 1939, HKS is a global design firm behind a wide array of buildings, including major stadiums like AT&T Stadium in Dallas, US Bank Stadium in Minneapolis, and the upcoming Los Angeles Entertainment District facility for the NFL’s Rams and Chargers.

Related Article: Team Vitality Receives $22.7M Investment from Entrepreneur Tej Kohli

In November, Team Vitality received a €20M ($22.7M USD) investment from Indian technology entrepreneur Tej Kohli via his Rewired GG investment fund. At the time, Vitality said that some of the capital would help fund training and performance centers, along with a flagship store and office.

That investment was also pegged to pay for the €8M ($9M) franchise fee owed to Riot Games

for Team Vitality’s spot in the League of Legends European Championship (LEC), along with plans to expand operations into China and Southeast Asia.

ChinaeuropeFranceHKS Sports & EntertainmentLeague of Legends European ChampionshipLECparisrewired ggRiot GamesSoutheast Asiateam vitalitytej kohli

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