Investment Summary

TCG Invests In Goldin Auctions

On February 16, 2021, private equity firm TCG invested in internet software and services company Goldin Auctions

Investment Highlights
  • This is TCG’s 2nd transaction in the Internet Software and Services sector.
  • This is TCG’s 10th transaction in the United States.
  • This is TCG’s 1st transaction in New Jersey.

Investment Summary

Date 2021-02-16
Target Goldin Auctions
Sector Internet Software and Services
Investor(s) TCG
Deal Type Growth Capital

Target

Goldin Auctions

Runnemede, New Jersey, United States
Goldin Auctions is an online marketplace for trading cards, sports memorabilia, and other collectibles. Goldin Auctions is the official auction partner of the Naismith Memorial Basketball Hall of Fame, The Major League Baseball Players Alumni Association, The Jackie Robinson Foundation, and the Babe Ruth Birthplace and Museum. Goldin Auctions is based in Runnemede, New Jersey.

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Investor(S) 1

Investor
DESCRIPTION

TCG (The Chernin Group) is a private investment firm focused on majority and minority investments in growing consumer businesses. Specific areas of interest include digital media, commerce, marketplaces, sports, gaming, consumer finance, and health/wellness. The Firm is a long-term investor and looks to work alongside companies to help build lasting value. TCG was originally formed in 2010 and is headquartered in Playa Vista, California.


DEAL STATS #
Overall 10 of 15
Sector (Internet Software and Services) 2 of 3
Type (Growth Capital) 5 of 8
State (New Jersey) 1 of 1
Country (United States) 10 of 15
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Baobab

Redwood City, California, United States

Baobab is an independent interactive animation. Baobab projects have starred Oprah, John Legend, Ali Wong, Kate Winslet, Daisy Ridley, Glenn Close, Lupita Nyong'o, Jennifer Hudson, Edward Norton, Diego Luna, Ethan Hawke, and many others. Its slate of original projects is currently being adapted into books, comics, films, games, series, and more. Baobab was founded in 2015 and is based in Redwood City, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 Action Network

Playa Vista, California, United States

Action Network is a sports media company that provides in-depth betting content, tools, and analytics for sports fans. Action’s media platforms provide an enhanced experience for its users through original sports news content, premium insights, deep menus of odds, and proprietary betting tools and data. Action Network was founded in 2017 and is based in Playa Vista, California.

Sell $240M