The North American Envy Gaming organisation purchased FLASHPOINT, the future FACEIT CSGO League.
Team Envy will become the League’s seventh founding team, with a $2 million (€1.55 million) buy-in fee.
The FlashPoint League has recently partnered with Pinnacle and DHL.
Team Envy is a member of MIBR’s Immortals Gaming Club, OverActive Media, Cloud9, Gen. G. and c0ntact Gaming as the team-owners founding partner.
Mike Rufail, Owner and CEO of Envy Gaming said, “We are excited about the future of competitive CSGO. For five years Team Envy was a feature of the game.