The Chernin Group Takes Majority Stake in BiggerPockets

BiggerPockets Acquires Left Field Investors to Launch PassivePockets

November 6, 2024

Real Estate

BiggerPockets has acquired Left Field Investors and launched PassivePockets, a new platform that aggregates education, community, due-diligence tools, sponsor directories, and sponsor ratings for passive real estate investors. The acquisition brings Left Field Investors' passive investing expertise and community into BiggerPockets' broader audience and resources to expand its offering into passive real estate investing.

The Chernin Group Leads ~$40M Growth Investment in Goldin Auctions

February 16, 2021

E-Commerce

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.

Beringer Capital Acquires Majority Stake in Benzinga

October 25, 2021

Media & Entertainment

Beringer Capital, a North American private equity firm, acquired a majority stake in Detroit-based financial media and analytics platform Benzinga, valuing the company at approximately $300 million. Benzinga founder Jason Raznick will retain a significant ownership stake and continue to lead the business as Beringer supports growth via expanded content verticals, product improvements and deeper B2B partnerships.

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.

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.