League of Legends Oceanic Pro League team Dire Wolves has been acquired, in part, by Australian sports business group Guinevere Capital. Guinevere Capital purchased the controlling interest in Dire Wolves, MCV reported. The acquisition makes Dire Wolves the first OPL team to have a major investment deal.

Guinevere Capital is led by David Harris, the managing director, who’s been involved with professional sports organizations across the United Kingdom and Australia. With his experience, Guinevere Capital is looking to steer the team towards major success.

[perfectpullquote align=”full” cite=”” link=”” color=”” class=”” size=””]”Guinevere Capital are committed to Dire Wolves’ long term vision in building a serious sporting franchise that fans can passionately support and will last for many years to come,” Harris said. “We want to raise the bar of professionalism in esports locally and help an Oceania team break-through to Worlds to play for an audience bigger than the population of Australia.”[/perfectpullquote]

And that support is not only in the form of resources, Dire Wolves CEO Nathan Mott added. He’s also looking forward to learning from the “sporting and business expertise that David and his team bring,” Mott said, which will “provide significant value to our players, fans, existing and future sponsorships.”

This may be a new trend in the OPL, but it’s a move that won’t come as a surprise to esports fans in North America. In the past few months, a number of investors announced their involvement in a variety of esports; basketball organization Philadelphia 76ers purchased Team Apex and Team Dignitas, Boston Celtics player Jonas Jerebko purchased Renegades, and an investment group including former NBA player Magic Johnson purchased a controlling share of Team Liquid.