Who Owns Corsair Company?

Corsair Bundle

Get Full Bundle:

	PESTLE	$15	$10
	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

Who owns Corsair Gaming, Inc.?

Corsair Gaming, Inc. (Nasdaq: CRSR) transitioned from private to public ownership with its September 2020 IPO. This move significantly broadened its investor base, shifting control from its private equity roots.

Founded in 1994, Corsair's journey began with a focus on PC components, evolving to become a leader in gaming peripherals and high-performance gear. Understanding its ownership is key to grasping its strategic direction.

Corsair's ownership has evolved considerably since its inception. Initially shaped by its founders and private equity partners, its public offering in 2020 opened the door for widespread investment. As of July 15, 2025, the company holds a market capitalization of $1.02 billion. This public trading means ownership is now distributed among various shareholders, including institutional investors, mutual funds, and individual investors who purchase shares on the open market. While specific individual stakes can fluctuate, the overall ownership is now a mosaic of public market participants. This shift impacts how decisions are made and how the company is accountable to its stakeholders, influencing everything from product development, such as their popular Corsair PESTEL Analysis, to long-term strategic planning.

Corsair Gaming, Inc. was founded in January 1994 by Andy Paul, Don Lieberman, and John Beekley. Initially known as Corsair Microsystems Inc., the company began by developing cache modules before pivoting to high-performance DRAM for servers and later for PC enthusiasts.

Founding Trio Corsair was established by Andy Paul, Don Lieberman, and John Beekley. Andy Paul has played a pivotal role, serving as CEO until his planned retirement in July 2025. Initial Focus The company's early operations centered on Level 2 cache modules for original equipment manufacturers (OEMs). This initial product line laid the groundwork for future innovation. Strategic Pivot Corsair strategically shifted its core business to high-performance DRAM modules. This move targeted both the server market and the growing segment of PC enthusiasts. Market Evolution The company's evolution included a strong emphasis on products for computer enthusiasts, particularly those interested in overclocking capabilities. This focus fueled its expansion. Founders' Vision The founding team's vision for high-performance products was central to the company's development. This vision guided product strategy and market entry for years. Early Funding Details Specific details regarding initial equity splits or early funding rounds from angel investors or friends and family are not widely publicized. The company's early growth was primarily driven by its product strategy.

The early emphasis on quality and performance was a defining characteristic that shaped Corsair's trajectory. This foundational principle was key to its subsequent growth and diversification into a comprehensive gaming and PC hardware ecosystem, a strategy detailed in the Marketing Strategy of Corsair.

Corsair's Foundational Years

Corsair's journey began with a clear focus on high-performance components. The founders' commitment to quality established a strong brand identity from the outset.

• Founded in January 1994 as Corsair Microsystems Inc.
• Initial product: Level 2 cache modules for OEMs.
• Strategic shift to high-performance DRAM modules.
• Targeted server market and PC enthusiasts.
• Emphasis on overclocking capabilities.
• Andy Paul served as CEO until his planned retirement on July 1, 2025.

Corsair SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

Corsair's ownership journey has seen significant shifts, notably the acquisition of a majority stake by EagleTree Capital in 2017 and its subsequent Initial Public Offering (IPO) in 2020. These events reshaped its shareholder landscape, transitioning from private equity control to a publicly traded entity with a diverse investor base.

Following its IPO, Corsair became a publicly traded company, altering its ownership structure. While EagleTree Capital maintained a majority stake initially, the public offering introduced a broader range of institutional and individual investors. The company's founder, Andy Paul, continues to hold a notable stake, underscoring his ongoing influence.

Key Stakeholders in Corsair

Understanding Corsair's shareholder structure reveals the influence of both institutional investors and its founder.

• EagleTree Capital, through its significant shareholding, continues to be a primary influence.
• Institutional investors like BlackRock, Inc. and Vanguard Group Inc. hold substantial portions of Corsair stock.
• Founder Andy Paul maintains a notable stake, reflecting his continued commitment.
• Anup Bagaria, linked to EagleTree Capital, holds a considerable number of shares, indicating a strong connection to the private equity firm's oversight.

As of March 31, 2025, major institutional shareholders included BlackRock, Inc. with 7,204,694 shares, and Vanguard Group Inc. with 6,101,154 shares. Palisade Capital Management LP and Dimensional Fund Advisors LP also held significant positions with 2,416,490 and 2,330,875 shares, respectively. Founder Andy Paul held 2,928,817 shares as of February 15, 2024, representing 2.70% of the company's shares as of 2025. Anup Bagaria, associated with EagleTree Capital, is a significant insider shareholder, owning 56,300,771 shares, which equates to 53.20% of the company. This substantial ownership by EagleTree Capital and its associates ensures a stable strategic direction, aligning with the company's Mission, Vision & Core Values of Corsair.

Corsair PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

Corsair Gaming, Inc.'s Board of Directors is responsible for guiding the company's strategic path and overseeing its operations. As of July 2025, the board comprises individuals with diverse backgrounds, including key stakeholders and independent directors. Thi La, who took over as CEO on July 1, 2025, also holds a director position, having joined the board in December 2021.

The voting power within Corsair Gaming, Inc. is largely influenced by its majority shareholder, EagleTree Capital. While common stock typically operates on a one-share-one-vote basis, EagleTree's substantial ownership provides it with significant control over corporate decisions. As long as EagleTree beneficially owns at least 50% of the voting power, they can effectively fill board vacancies and influence director removals. Should EagleTree's voting power fall below 50%, removing directors would require a two-thirds affirmative vote and must be for cause. The board is structured with three classes of directors, each serving staggered three-year terms, a setup designed to ensure governance stability. To date, there have been no major proxy contests or activist investor campaigns impacting Corsair's management, largely attributed to EagleTree Capital's dominant shareholder position, which is a key aspect of Corsair ownership.

Understanding Corsair's Shareholder Structure

Corsair's shareholder structure is significantly shaped by its majority owner. This concentration of ownership impacts voting power and strategic decision-making. Understanding this dynamic is key to grasping Corsair company profile ownership.

• EagleTree Capital holds majority voting power.
• Common stock generally follows a one-share-one-vote principle.
• Board director removal rules vary based on EagleTree's ownership percentage.
• The board is divided into three classes for staggered terms.
• This structure contributes to Corsair Gaming's governance stability.

Corsair Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

Corsair Gaming, Inc. has undergone significant leadership changes and strategic acquisitions in recent years, impacting its ownership landscape. A planned leadership succession saw the founder and CEO transition out, with a new CEO taking the helm. This period also saw continued efforts to strengthen the company's financial position and expand its market presence through targeted acquisitions.

Institutional holdings in Corsair Gaming, Inc. have shown minor shifts, with overall institutional shareholding at 32.75% as of January 2025. Mutual fund holdings experienced a slight decrease to 26.90% in the same period. Major entities like BlackRock, Inc. and Vanguard Group Inc. maintained substantial stakes as of March 31, 2025. While no significant share buybacks or secondary offerings were reported for 2024-2025, the company has focused on debt reduction to bolster its balance sheet and liquidity. These strategic moves, including acquisitions like Drop in July 2023 and the Fanatec product line in September 2024, aim to broaden Corsair's market reach and product diversity. Despite reporting a net loss of $99 million in fiscal year 2024, the company projects adjusted EBITDA between $80 million and $100 million for 2025, reflecting its ongoing strategic initiatives and Growth Strategy of Corsair.

Leadership Transition

Andy Paul, the founder and CEO, retired on July 1, 2025. Thi La, previously President and COO, took over as CEO as part of a planned succession.

Institutional Holdings

Institutional ownership stood at 32.75% in January 2025. Major investors like BlackRock and Vanguard continue to hold significant stakes.

Strategic Acquisitions

Corsair acquired Drop in July 2023 and the Fanatec product line in September 2024. These acquisitions aim to diversify its product offerings.

Financial Outlook

The company reported a net loss of $99 million in fiscal year 2024. However, it anticipates adjusted EBITDA between $80 million and $100 million for 2025.

Corsair Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔