FACEIT is an esports platform that was started in London in 2012. The company has organized leagues for games such as Counter-Strike 2, League of Legends, Rocket League, Tom Clancy's Rainbow Six Siege, Dota 2, Team Fortress 2, and Overwatch.

In 2022, it was announced that FACEIT and the esports company ESL would be bought by Savvy Games Group (SGG), a holding company owned by Saudi Arabia's Public Investment Fund, for a total of $1.5 billion. As part of this deal, the two companies will combine to create a new organization called the ESL FACEIT Group.

Esports Championship Series

In April 2016, FACEIT introduced a Counter-Strike: Global Offensive tournament called the Esports Championship Series (ECS). In April 2017, FACEIT formed a partnership with YouTube to support the tournament. At that time, ECS was one of the two main Counter-Strike leagues, along with ESL Pro League.

The ECS tournament ended in 2020 and was replaced by a new league named Flashpoint. This new league includes 12 teams and requires a total investment of $2,100,000. Teams in Flashpoint can own part of the league and share income from it.

In May 2022, FACEIT signed a major agreement with a cryptocurrency platform called Cake DeFi. Under this agreement, players who compete in FACEIT games and tournaments can earn cryptocurrency rewards. The plan is to give over $500,000 in cryptocurrency to FACEIT users.

FACEIT Major

On February 22, 2018, Valve, the company that created and owns the Counter-Strike series, announced that FACEIT would host the 13th Global Offensive Major, called the FACEIT Major: London 2018. The event started in mid-September and ended on September 23, 2018. This was the first Major hosted by FACEIT and the first Major held in the United Kingdom. The competition had a prize pool of $1,000,000, and the final competition stage took place at Wembley Arena. In the finals, the team Astralis beat the team Natus Vincere to win its second Major title.