Popular culture distributor Alliance Leisure has received Diamond Comic Distributors’ property by means of a court-supervised chapter course of. The acquisition contains Diamond Comedian Distributors (U.S.), Alliance Sport Distributors, Diamond Choose Toys & Collectibles, and Collectible Grading Authority.
“It is a transformative alternative to increase our management on the earth of gaming and bodily collectibles and deepen our attain into thriving fan-driven classes,” says Jeff Walker, CEO of Alliance Leisure. “With their legacy of unique titles, deep retail relationships, and powerful presence in comics, tabletop video games, and collectible merchandise, these companies are extremely complementary to our present distribution and success mannequin. We see highly effective cross-selling potential between our product strains and buyer bases, increasing the attain of our expanded product portfolio throughout each mass retail and specialty channels.”
We’re extremely honored to welcome the gifted groups from Diamond Comedian Distributors, Alliance Sport Distributors, and Collectible Grading Authority to the Alliance Leisure household. These are passionate professionals who’ve constructed deep relationships throughout the fandom, passion, and collectibles communities. We look ahead to supporting them, studying from them, and investing of their success. To the suppliers, creators, and publishing companions that make this ecosystem so dynamic, we’re excited to collaborate and construct lasting worth collectively. And to the purchasers who depend on these manufacturers day by day, we stay dedicated to delivering the superb service and reliability you count on and taking it even additional.”
Diamond Comedian Distributors, Alliance Sport Distributors, and Collectible Grading Authority help greater than 5,000 retailers, together with unbiased comedian and sport shops, specialty retailers, mass-market retailers, and e-commerce platforms. Additionally they have longstanding relationships with a few of the greatest manufacturers within the trade, together with Dungeons & Dragons, Magic: The Gathering, Pokémon TCG, Marvel, Darkish Horse Comics, and extra.
Alliance Leisure plans to finance the acquisition by means of its present $120 million Revolving Credit score Facility, which is anticipated to extend to $160 million. The transaction is anticipated to shut subsequent month, topic to closing chapter courtroom approval.
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