Announced
Completed
Financials
Tags
Majority
Private Equity
Cross Border
industrial services
Friendly
Public
collectors
Acquisition
grading services
Consumer Services: Other
United States
Single Bidder
Completed
Synopsis
Nat Turner, D1 Capital Partners, a global investment firm that operates across public and private markets, and Cohen Private Ventures, a long-term investment company, completed the acquisition of Collectors Universe, a provider of authentication and grading services, for c.$853m. “After careful consideration, we are pleased to have reached an agreement that reflects the remarkable value creation Collectors Universe has achieved through its consistent execution during these challenging times. This transaction will deliver an immediate cash premium to our shareholders, and create exciting opportunities for our employees, collectors and dealers around the world,” A.J. “Bert” Moyer, Collectors Universe Chairman of the Board of Directors. On January 20, 2021, the offer was increased from $700m to $853m.
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