Corsair have sold a majority of their equity for private equity firm EagleTree Captial. The firm purchased $525 million worth of equity from the company.
Andy Paul, Founder and CEO of Corsair released the following statement..
“We are very fortunate to have attracted such experienced investment partners. EagleTree’s backing will allow us to continue to focus first and foremost on our loyal and passionate customers and accelerate our investment in innovation and new technology and products to enhance the quality experience that enthusiasts and gamers have come to expect from us.”
Paul will maintain “a sizable equity stake” in the company and continue in his role as CEO.