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News briefsFanatics receives $27 billion valuation and raises $1.5 billion
According to reports in the Wall Street Journal and SGB, Florida-based Fanatics Inc. has raised $1.5 billion in a funding round that values the sports merchandise and memorabilia company at $27 billion. Because the transaction was private, both media rely on information received by a ”person with knowledge of the ...
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Article
Fanatics buys Topps, boosting its international sports collectibles business
Fanatics announced the acquisition of Topps’ sports & entertainment division, covering its worldwide online and offline business with trading cards and collectibles, in a deal said to be worth about $500 million. Topps had sales of $567 million in 2021. About 60 percent of the revenues came from the operations ...
