The Chernin Group Leads ~$40M Growth Investment in Goldin Auctions
February 16, 2021
Goldin Auctions, the online marketplace for trading cards, sports memorabilia and collectibles, has raised approximately $40 million in growth capital led by The Chernin Group (TCG) with participation from a syndicate of strategic and celebrity investors. The funding will be used to invest in technology, operations and audience development; Ross Hoffman was named CEO and founder Ken Goldin will move to Executive Chairman.
- Buyers
- The Chernin Group, 01 Advisors (Adam Bain and Dick Costolo), Mark Cuban, Kevin Durant / Thirty Five Ventures, LightShed Ventures, Chad Hurley, Craft Ventures (Bill Lee), Timothy "Timbaland" Mosley, Christian Oestlien, Logan Paul, Anthony Pompliano (Pomp Investments), Shiva Rajaraman, Spencer Rascoff, Bill Simmons, Dwyane Wade (Wade Ventures), Mark Wahlberg, Deshaun Watson (Bleecker Trading)
- Targets
- Goldin Auctions
- Industry
- E-Commerce
- Location
- New Jersey, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
The Chernin Group Invests $38.5M Growth Equity in Classic Football Shirts
May 26, 2024
E-Commerce
The Chernin Group (TCG) has invested $38.5 million of growth equity in Classic Football Shirts to fund aggressive global expansion, with a particular focus on growing the brand in North America. The investment will support new permanent retail locations in the U.S., broaden the assortment and audience, and follows the appointment of Cormac Barry as Executive Chairman.
-
The Chernin Group-Led Consortium Makes $263M Investment in Funko
May 5, 2022
Consumer Products
A consortium led by The Chernin Group (TCG) will make a $263 million strategic investment in Funko, Inc. in an all-secondary transaction, acquiring 12,520,559 shares from ACON Investments and taking a 25% ownership stake post-closing. Additional investors in the consortium include eBay, Robert A. Iger and Rich Paul; TCG will designate two board directors and Funko will enter a commercial partnership naming eBay the preferred secondary marketplace.
-
The Chernin Group Takes Majority Stake in BiggerPockets
August 7, 2024
Real Estate
The Chernin Group has made a majority investment in BiggerPockets, the Denver-based real estate education platform and marketplace. The investment will accelerate BiggerPockets' audience growth and fund the development and launch of new product suites, including Market Finder, Deal Finder, and specialist service marketplaces.
-
TCG Acquires Majority Stake in SketchyMedical
September 24, 2020
Education
TCG (The Chernin Group) acquired a majority stake in online education company SketchyMedical via a $30 million investment to scale growth and build an in‑house studio for live content and animation. The investment will be used to expand course offerings beyond medical subjects and accelerate user growth with TCG taking board seats to support operations and content development.
-
Teneo Acquires Goldin Associates
August 25, 2020
Professional Services
Teneo, the global CEO advisory firm, acquired Goldin Associates LLC, a boutique financial advisory firm specializing in distressed situations, restructuring, valuation and fiduciary roles. The acquisition brings Goldin's restructuring expertise into Teneo's Capital Advisory segment to expand the firm's restructuring and restructuring-advisory capabilities.
-
Growth Catalyst Partners (with Peter Goldstone) Acquires Controlling Stake in Government Executive Media Group
March 17, 2020
Media & Entertainment
Growth Catalyst Partners (GCP), partnering with industry veteran Peter Goldstone, acquired a controlling stake in Atlantic Media’s Government Executive Media Group (GEMG). GCP will provide growth capital to build a data-driven platform across GEMG’s editorial brands and support strategic investments, acquisitions, and partnerships while Atlantic Media chairman David Bradley remains a board member and investor.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.