Alliance Entertainment Wins Bid to Acquire Key Assets from Diamond Comic Distributors
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Alliance Entertainment (AENT) has won the bid to acquire key assets from Diamond Comic Distributors through a bankruptcy process. The acquisition includes Diamond Comic Distributors (U.S.), Alliance Game Distributors, Diamond Select Toys & Collectibles, and Collectible Grading Authority. The deal is expected to generate over $200 million in revenue and $10 million in EBITDA by FY2026, expanding AENT's presence in comics, tabletop games, and collectibles markets.
March 25, 2025 | 12:45 pm
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The acquisition of Diamond Comic Distributors' assets will significantly broaden AENT's product portfolio and distribution channels, targeting the $50+ billion global market for tabletop games, collectibles, and pop culture merchandise.
The acquisition represents a transformative opportunity for AENT, expanding its product lines, retail relationships, and cross-selling potential across mass retail and specialty channels. The expected revenue and EBITDA growth, combined with access to iconic brands, suggests a positive short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100