Fanatics
PE-OwnedGeneral Atlantic is a major investor in Fanatics, the licensed sports merchandise and trading card company. Fanatics acquired Topps' trading card business in 2022 for $500M, displacing Topps' 70-year contracts with MLB and NFL. Some collectors report pricing increases and quality declines in the trading card market post-acquisition.
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Ownership Information
Fanatics is owned by General Atlantic. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
2011
Fanatics founded
2012
Acquired by General Atlantic
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