Pop culture distributor Alliance Entertainment has won Diamond Comic Distributors’ assets through a court-supervised bankruptcy process. The acquisition includes Diamond Comic Distributors (U.S.), Alliance Game Distributors, Diamond Select Toys & Collectibles, and Collectible Grading Authority.
“This is a transformative opportunity to expand our leadership in the world of gaming and physical collectibles and deepen our reach into thriving fan-driven categories,” says Jeff Walker, CEO of Alliance Entertainment. “With their legacy of exclusive titles, deep retail relationships, and strong presence in comics, tabletop games, and collectible merchandise, these businesses are highly complementary to our existing distribution and fulfillment model. We see powerful cross-selling potential between our product lines and customer bases, expanding the reach of our expanded product portfolio across both mass retail and specialty channels.”
We’re incredibly honored to welcome the talented teams from Diamond Comic Distributors, Alliance Game Distributors, and Collectible Grading Authority to the Alliance Entertainment family. These are passionate professionals who have built deep relationships across the fandom, hobby, and collectibles communities. We look forward to supporting them, learning from them, and investing in their success. To the suppliers, creators, and publishing partners that make this ecosystem so dynamic, we’re excited to collaborate and build lasting value together. And to the customers who rely on these brands every day, we remain committed to delivering the excellent service and reliability you expect and taking it even further.”
Diamond Comic Distributors, Alliance Game Distributors, and Collectible Grading Authority support more than 5,000 retailers, including independent comic and game stores, specialty retailers, mass-market retailers, and e-commerce platforms. They also have longstanding relationships with some of the biggest brands in the industry, including Dungeons & Dragons, Magic: The Gathering, Pokémon TCG, Marvel, Dark Horse Comics, and more.
Alliance Entertainment plans to finance the acquisition through its existing $120 million Revolving Credit Facility, which is expected to increase to $160 million. The transaction is expected to close next month, subject to final bankruptcy court approval.
