logo
logo

Fanatics Acquires Topps Trading Cards And Collectibles Business

Jan 04, 2022over 3 years ago

Acquiring Company

Fanatics

Acquired Company

Collectibles

New YorkInformation Technology

Description

Fanatics, a leading global digital sports platform, has completed the acquisition of Topps trading cards, the preeminent licensed trading card brand that has serviced collectors, fans, and retailers for more than 70 years. The acquisition of Topps’ sports & entertainment division includes all parts of its iconic worldwide trading cards and collectibles business - both the physical and digital divisions - which sells in more than 100 countries and has physical operations in 10 countries, including the UK, Germany, Brazil, Italy and Japan.

Company Information

Company

Fanatics

Location

New York, New York, United States

About

Fanatics is building a leading global digital sports platform. The company ignites the passions of global sports fans and maximizes the presence and reach for hundreds of sports partners globally by offering innovative products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans, a global partner network with over 900 sports properties, including major national and international professional sports leagues, teams, players associations, athletes, celebrities, colleges, and college conferences, and over 2,000 retail locations, including its Lids retail business stores.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

Valerie hidden

hidden

Stephen hidden

Justin hidden