Latest news with #AdPopulum
Business Wire
16-05-2025
- Business
- Business Wire
Universal Distribution LLC and Ad Populum Complete
HUNT VALLEY, Md.--(BUSINESS WIRE)--Diamond Comic Distributors ('Diamond' or 'the Company'), today announced that the sale of the Company and its assets to Universal Distribution LLC ('Universal') and Ad Populum has been completed. Universal has acquired the assets of Alliance Game Distributors, and Ad Populum has acquired the assets of Diamond Comic Distributors, Diamond Book Distributors, Diamond Select Toys & Collectibles, Collectible Grading Authority, and other related assets. Diamond UK remains separate from this sale process. '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,' said Diamond Chief Restructuring Officer Robert Gorin. '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. 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.' said Angelo Exarhakos, President and CEO of Universal Distribution. About Diamond Comic Distributors Founded in 1982, Diamond Comic Distributors offers a multi-channel platform of publishing, marketing, and fulfillment services, coupled with an unparalleled global distribution network for its retailers, publishers and vendors. Diamond's mission is simple: to provide our customers the best in products, price and personalized service. Learn more at About Universal Distribution Universal has been distributing to hobby stores in Canada for over 30 years, servicing the needs of retailers in comics, collectible toys & figurines, sports and non-sports cards, collectible card games, and role-playing games. Ad Populum aligns corporate strategy and fosters growth across its unique roster of consumer products and entertainment brands by leveraging its strong global retail distribution, product development, and manufacturing capabilities. Across its roster of brands, including NECA, Kidrobot, Wizkids, Chia Pet, Rubies, Smiffys, Enesco, Graceland, and more, Ad Populum is the largest producer of pop culture goods and experiences, targeting everyone from Boomers to Gen Z.
Yahoo
16-05-2025
- Business
- Yahoo
Universal Distribution LLC and Ad Populum Complete Acquisition of Diamond Comic Distributors and Related Assets
HUNT VALLEY, Md., May 16, 2025--(BUSINESS WIRE)--Diamond Comic Distributors ("Diamond" or "the Company"), today announced that the sale of the Company and its assets to Universal Distribution LLC ("Universal") and Ad Populum has been completed. Universal has acquired the assets of Alliance Game Distributors, and Ad Populum has acquired the assets of Diamond Comic Distributors, Diamond Book Distributors, Diamond Select Toys & Collectibles, Collectible Grading Authority, and other related assets. Diamond UK remains separate from this sale process. "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," said Diamond Chief Restructuring Officer Robert Gorin. "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. 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." said Angelo Exarhakos, President and CEO of Universal Distribution. About Diamond Comic Distributors Founded in 1982, Diamond Comic Distributors offers a multi-channel platform of publishing, marketing, and fulfillment services, coupled with an unparalleled global distribution network for its retailers, publishers and vendors. Diamond's mission is simple: to provide our customers the best in products, price and personalized service. Learn more at About Universal Distribution Universal has been distributing to hobby stores in Canada for over 30 years, servicing the needs of retailers in comics, collectible toys & figurines, sports and non-sports cards, collectible card games, and role-playing games. About Ad Populum Ad Populum aligns corporate strategy and fosters growth across its unique roster of consumer products and entertainment brands by leveraging its strong global retail distribution, product development, and manufacturing capabilities. Across its roster of brands, including NECA, Kidrobot, Wizkids, Chia Pet, Rubies, Smiffys, Enesco, Graceland, and more, Ad Populum is the largest producer of pop culture goods and experiences, targeting everyone from Boomers to Gen Z. View source version on Contacts Jacqueline Thomasjthomas@ 332-258-7783 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
08-02-2025
- Business
- Associated Press
PCHI Completes Successful Auctions of Party City® Brand and Related Amscan® Operating Assets as well as Significant Portion of Real Estate Lease Portfolio
Ad Populum Affiliate Named Winning Bidder for Intellectual Property WOODCLIFF LAKE, N.J., Feb. 7, 2025 /PRNewswire/ -- Party City Holdco Inc. ('PCHI' or the 'Company') announced today that it successfully completed auctions of substantially all of its intellectual property and related wholesale operating intangible assets as well as a significant portion of its real estate lease portfolio. Together, these efforts to maximize value will generate substantial proceeds for the benefit of stakeholders in the Company's Chapter 11 proceedings. Following robust bidding, New Amscan PC, LLC, an affiliate of Ad Populum, LLC, emerged as the winning bidder for the Party City brand and related Amscan operating assets. New Amscan's prevailing bid, which has a net value of $20 million comprised of $16 million in cash and additional consideration, represents twice the value of its 'stalking horse' bid heading into the auction. As previously announced, Ad Populum intends to lead a transformation of the Party City and Amscan brands, leveraging its strengths in sourcing and distribution to preserve and build upon PCHI's legacy in the multibillion dollar party supply industry. The Company's lease auction process resulted in approximately $14.5 million of gross proceeds, with the potential for additional value to be generated. Efforts to monetize remaining leases are continuing, and interested parties are encouraged to visit for more information on available sites. A hearing has been scheduled for February 26, 2025 to receive court approval of these sales. Advisors Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP are serving as legal counsel, AlixPartners LLP is serving as restructuring advisor, Hilco Streambank and Gordon Brothers Brands are collectively serving as intellectual property advisor, A&G Real Estate Partners is serving as real estate advisor, and Gordon Brothers is serving as store closing consultant to the Company. DLA Piper is serving as legal advisor to Ad Populum. About Party City Party City is a leading party goods company in North America and is a popular one-stop shopping destination for party supplies, balloons, and costumes. In addition to being an iconic retail brand, Party City is a global organization that combines manufacturing and sourcing operations and wholesale operations with a multi-channel retailing strategy and e-commerce retail operations. Party City designs, manufactures, sources, and distributes party goods, including paper and plastic tableware, metallic and latex balloons, Halloween and other costumes, accessories, novelties, gifts, and stationery throughout the world. Founded in 1986, Party City has become synonymous with celebrations, helping millions of people create unforgettable memories. About Ad Populum Ad Populum aligns corporate strategy and fosters growth across its unique roster of consumer products and entertainment brands by leveraging its strong global retail distribution, product development, and manufacturing capabilities. Across its roster of brands, including NECA, Kidrobot, Wizkids, Chia Pet, Rubies, Smiffys, Enesco, Graceland, and more, Ad Populum is the largest producer of pop culture goods and experiences, targeting everyone from Boomers to Gen Z.
Associated Press
31-01-2025
- Business
- Associated Press
Weekly Roundup: 10 Finance Press Releases You Need to See
A roundup of the week's most newsworthy financial press releases from PR Newswire, including a sale to save Party City, AI tools for Trump tariffs and more. NEW YORK, Jan. 31, 2025 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download. As Social Security approaches its 90th anniversary, a new report from the National Institute on Retirement Security examines more than 40 years of public opinion polling on this program established in the wake of the Great Depression to protect older Americans and reduce poverty. The report finds that public support remains strong for Social Security, and Americans become more confident in Social Security as they age and approach retirement. PCHI Enters into Agreement to Sell Party City® Brand and Related Amscan® Operating Assets to Ad Populum Affiliate to Preserve Legacy in Multibillion Dollar Party Supply Industry Party City announced it has entered into a stalking horse agreement to sell substantially all of its intellectual property and related wholesale operating intangible assets to New Amscan PC, an affiliate of Ad Populum, as part of the company's Chapter 11 process. Career Satisfaction on the Rise: Fewer Workers Planning a Job Change in Early 2025 New research from talent solutions and business consulting firm Robert Half indicates an uptick in worker satisfaction, influencing job search plans in early 2025. The survey of more than 2,000 U.S. workers found that only 29% of professionals plan to look for a new job in the first six months of the year, down from 35% in July 2024. United Nations Development Programme and Stellar Development Foundation Join Forces to Advance Blockchain Solutions for Financial Inclusion With this partnership, UNDP and SDF aim to create scalable blockchain solutions to drive equitable economic growth and strengthen economic resilience in developing regions. The collaboration will harness the Stellar network and open-source tools to enhance access to digital financial services and provide more secure, low-cost digital payment solutions. US Consumer Confidence Retreated in January The Conference Board Consumer Confidence Index declined by 5.4 points in January. By age group, January's fall in confidence was led by consumers under 55 years old. Consumers aged 55+ saw a small uptick in confidence. By income group, the sharpest decline in confidence was seen in households earning over $125K, while consumers at the bottom of the income range reported the strongest gains. Thoma Bravo's Behind the Deal Podcast Launches Season Three Following the chart-topping success of the podcast's first two seasons, which initially debuted with season one in March 2023, season three will provide more exclusive stories and insights into the innovative strategies behind Thoma Bravo's portfolio of industry-leading software companies. New Report from S&P Global Market Intelligence Unveils Three Tools Utilizing Alternative Data and AI to Address Potential Trump Administration Tariffs 'Combining unique alternative data and AI allows us to quantify and monitor impacts in near real time, down to the company and product level,' said Daniel Sandberg, managing director at S&P Global Market Intelligence. 'In today's complex and unpredictable landscape, it's crucial for stakeholders to effectively forecast and nowcast the implications of tariffs on their strategies.' CME Group Futures to Launch on Robinhood, Bringing New Trading Opportunities to Retail Investors Over the coming weeks, all eligible Robinhood customers in the U.S. will have access to CME futures products across five major asset classes, including the four leading U.S. equity indices – S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average – as well as bitcoin and ether, major FX currency pairs, key metals including gold, silver and copper, and additional commodities such as crude oil and natural gas. D3 Raises $25M Series A Led by Paradigm, Announces The First Blockchain for Internet's 362M+ Domain Names D3 is building the world's first DomainFi network on the Doma Protocol, an innovative blockchain that transforms existing and future domains into a modern form of digital real estate. By announcing the launch of Doma Protocol, D3 aims to unlock new liquidity, innovation, and financial opportunities for the internet domain industry as well as major crypto communities. GasBuddy Launches New Pay with GasBuddy+™ Card, Expanding Fuel Savings Opportunities Beyond the Pump The Pay with GasBuddy+™ card goes beyond traditional fuel discounts, offering drivers a powerful savings tool that can make a significant impact on annual expenses. With Americans spending an average of $2,000 to $4,000 on fuel annually, the card's potential savings of up to 33 cents per gallon could translate to hundreds of dollars in annual savings for drivers. For more news like this, check out all of the latest finance-related releases from PR Newswire. Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most. Helping Journalists Stay Up to Date on Industry News These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists. Once they're signed up, reporters, bloggers, and freelancers have access to the following free features: Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more. Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger's next story. Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles. Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more. About PR Newswire PR Newswire is the industry's leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world. For questions, contact the team at [email protected].
