COLLECTIBLES COMPANY RECEIVES NEW INVESTMENT
In breaking news, Certified Collectibles Group recently announced a substantial investment in their company. Blackstone, one of the world’s largest investment firms, recently acquired a majority stake in the collectibles company. So, what spurred the investment and what can collectors expect moving forward? Read on to learn more about exciting trading card sale developments.
SPORTS TRADING CARD INVESTMENT
Blackstone took a majority stake in Certified Collectibles as a natural next step as both companies shared the same vision for a larger, more vibrant and more trusted collectibles market. During a time when baseball cards for sale and more are booming, there is always room for new investors. Blackstone’s plentiful resources and vast experience is set to help propel CCG and the markets that they serve.
INVESTMENT EFFECTS ON SPORTS TRADING CARDS FOR SALE
As a result of Blackstone’s investment, CCG will be able to accelerate growth, hire more graders, expand their facilities, serve new markets, develop digital offerings and more. With the rise of digital offerings, like NFT collections, this investment couldn’t have come at a better time. From football cards for sale to basketball cards for sale, the industry is booming and new investors are constantly interested. While CCG now holds a minority take in the business, they still have a substantial vested interest and will be involved in what happens next.
OTHER TRADING CARD INVESTORS
Aside from Blackstone, new investors in CCG include:
- Roc Nation
- Michael Rubin (Founder and Executive Chairman of Fanatics)
- SC.Holdings (a growth equity platform)
- Mastry (founded by Rudy Cline-Thomas)
- Andre Iguodala
- Daryl Morey (President of Basketball Operations for the Philadelphia 76ers)
- Main Street Advisors (a leading investment advisory firm for prominent athletes)
Other investors include recording artists and leaders across the entertainment and business industries.