Berlin-based esports data company Bayes Esports Solutions GmbH has entered formal insolvency proceedings, during a period in which rival GRID Esports has secured several of its former contracts.
The Charlottenburg district court determined on 1 August that Bayes was both insolvent and over-indebted, triggering a main insolvency procedure under EU regulations, according to The Esports Advocate. The insolvency petition had been lodged with the court on 26 May, following the company’s placement under administration.
Creditors — including former staff, service providers, investors, and data-feed partners — have until 24 October to register claims and review the insolvency records at the court registry. A creditors’ meeting is scheduled for 12 September at the Charlottenburg court, where participants will decide on the formation of a creditors’ committee, the potential adoption of an insolvency plan, and the approval of major transactions such as asset sales or merger agreements.
Bayes has significantly reduced its workforce in recent months, with only a small number of employees remaining to assist with asset sales, explore possible mergers, and support former colleagues in finding new roles.
The Esports Advocate also reported that Bayes’ corporate website was offline for several days last week, with an archived version — still showing former executives — later restored.
While no official explanation for the financial collapse has been given, Bayes lost major clients recently. Throughout its history, Bayes signed partnerships with major organisations in the esports industry including KRAFTON, Riot Games, and the Esports World Cup (EWC). The Esports World Cup Foundation awarded its live-data services contract to GRID Esports in June 2025. Both companies had previously partnered for the Esports World Cup in 2024, even issuing a joint press release at the time.
The agreement with Riot, signed in 2021, ended in 2024, with the publisher naming GRID Esports as its partner by the end of 2023. In February 2025, Bayes had announced a deal with ESL FACEIT Group (EFG). Only a few months later — during a period now known to overlap with the company’s insolvency process — EFG would also proceed to sign with GRID.
Bayes has undergone several leadership changes in recent years. In October 2024, then co-CEO Martin Dachselt announced his resignation from day-to-day operations, remaining only as an adviser, while fellow co-CEO Amir Mirzaee assumed full executive responsibilities.
Bayes’ investors included Las Vegas Sands, BITKRAFT Ventures, and PAC Capital. Following PAC’s investment in Bayes in February 2023, its Founder Clayton Larcombe succeeded BITKRAFT’s Jens Hilgers as chairman of the board.
