Universal Distribution and Ad Populum have completed their acquisition of Diamond Comic Distributors’ assets, a process which started started last month.
“We are pleased that this transaction has been completed and are confident that the publishers and retailers Diamond partnered with, our employees, and comic and games fans are in good hands with Universal and Ad Populum,” says Robert Gorin, Chief Restructuring Officer at Diamond Comic Distributors.
Universal acquired the assets of Alliance Game Distributors, while Ad Populum acquired the assets of Diamond Comic Distributors, Diamond Select Toys & Collectibles, Collectible Grading Authority, and other related assets.
“We are thrilled to officially welcome Alliance into the Universal Distribution family. “This acquisition marks a transformative step forward in our mission to deliver exceptional service and value to retailers and publishers across North America,” says Angelo Exarhakos, President and CEO of Universal Distribution. “By combining Alliance’s respected legacy and expansive network with Universal’s operational strengths and innovation-driven approach, we are poised to elevate the distribution experience across the industry. We look forward to building on the trusted relationships Alliance has cultivated and continuing to support the growth and vibrancy of the hobby gaming community.”
Diamond UK remains separate from this sale process.
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