Divestiture • Digital Media

Cinder Block Merchandise Acquires Topspin Media

On April 1, 2014, Cinder Block Merchandise acquired digital media company Topspin Media from Beats Music

Acquisition Context
  • This is Cinder Block Merchandise’s 1st transaction in the Digital Media sector.
  • This is Cinder Block Merchandise’s 2nd transaction in the United States.
  • This is Cinder Block Merchandise’s 2nd transaction in California.

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M&A Deal Summary

Date April 1, 2014
Target Topspin Media
Sector Digital Media
Buyer(s) Cinder Block Merchandise
Sellers(s) Beats Music
Deal Type Divestiture

Target Company

Topspin Media

Santa Monica, California, United States
Topspin Media develops an integrated direct-to-consumer marketing and retail software platform for use by musicians, filmmakers, artists, authors, and yoga studios in the United States and internationally.
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Buyer Overview 1

Buyer

Cinder Block Merchandise

Burbank, California, United States

Category Company
Sector Apparel/Textiles
DESCRIPTION

Cinder Block Merchandise provides merchandise services across a wide variety of artistic genres and formats. The company currently has several high-profile tours in-market, including Kid Rock, Death Cab for Cutie, The Yeah Yeah Yeahs, Counting Crows, and Dane Cook. It also provides merchandise for events, such as Vans’ Warped Tour, and creates unique retail opportunities for licensees in movies, television, and sports. Cinder Block is based in Burbank, California.


Deal Context for Buyer #
Overall 2 of 2
Sector: Digital Media 1 of 1
Type: Divestiture 1 of 1
State: California 2 of 2
Country: United States 2 of 2
Year: 2014 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Bandmerch

Burbank, California, United States

Bandmerch LLC is an operator of music merchandising and licensing company with services include live event merchandise management, retail distribution, e-commerce solutions, licensing and design. Bandmerch was founded in 2000 and is based in Burbank, California.

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Seller Profile 1

SELLER

Beats Music

San Francisco, California, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Beats Music, LLC provides online music streaming services that bring context and culture to digital music.


Deal Context for Seller #
Overall 1 of 1
Sector: Digital Media 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2014 1 of 1