M&A Deal Summary

Kaspien Acquires Musicland Holding

On March 29, 2006, Kaspien acquired retailer Musicland Holding

Acquisition Highlights
  • This is Kaspien’s 3rd transaction in the Retail sector.
  • This is Kaspien’s 3rd transaction in the United States.
  • This is Kaspien’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2006-03-29
Target Musicland Holding
Sector Retail
Buyer(s) Kaspien
Deal Type Add-on Acquisition

Target

Musicland Holding

Minnetonka, Minnesota, United States
Musicland Holding Corp. is an entertainment specialty retailer which operates retail stores and websites.

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Buyer(S) 1

Buyer

Kaspien

Spokane, Washington, United States

Category Company
Founded 1972
Sector Retail
Employees141
Revenue 128M USD (2023)
DESCRIPTION

Kaspien was a major specialty retailer of entertainment products, including video, music, trend, electronics, video games, and related products. Kaspien was founded in 1972 and is based in Spokane, Washington.


DEAL STATS #
Overall 3 of 4
Sector: Retail M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
State: Minnesota M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-09-14 Wherehouse Entertainment

Torrance, California, United States

Wherehouse Entertainment, Inc. is a music retailer, owns and operates 148 stores located primarily in the western United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 etailz

Spokane, Washington, United States

etailz, Inc. is a digital marketplace expert retailer, operating both domestically and internationally. etailz use a data driven approach to digital marketplace retailing utilizing proprietary software and ecommerce insight coupled with a direct customer relationship engagement to identify new distributors and wholesalers, isolate emerging product trends, and optimize price positioning and inventory purchase decisions.

Buy $75M