The Mobile Premier League (MPL) announced on May 8 that they had acquired Crevise Technologies in a deal for cash and stock. This gave the gaming and esports platform and product engineering consultancy firm as part of their portfolio. This is the first acquisition for the company since its launch in September 2018.

Crevise has been around since 2016, acting as a product engineering consultant for companies that needed end-to-end help in their development process. The founders of this company, Mukta Apahale and Atul Aphale, will not be out of a job however, as they join the 10 member technical team that will be moving from Pune, the company that started Crevise, to join MPL, meaning that Mobile Premier acquired the staff at the same time they bought the company.

To acquire Crevise, MPL provided both cash and equity in their company to Aphale and Apahale, as well as others. The exact financial details of the acquisition were not provided.

These two companies have already partnered on projects before, as there was already a solid relationship between the two groups. This is why Mukta explained that he was glad to join a new team: