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Etsy sells Reverb to investors with stakes in Fender and SoundCloud, but says no one is getting “preferential treatment”Online music store Reverb has been sold to two new investors, meaning it will become an independently operated business for the first time since Etsy’s $275 million takeover in 2019. Financial ...
Reverb has been sold by Etsy to a group including Fender-owner Servco and Creator Partners, a firm founded by former SoundCloud CEO Kerry Trainor.
Etsy refocuses on core business with Reverb sale, aiming for growth despite stock declines. Read more on ETSY's strategy amid tariff advantages and valuation insights.
Reverb has been sold by Etsy to two new investors in a deal that makes the online gear and instrument marketplace a privately held and independently operated company for the first time since 2019.
Etsy (NASDAQ:ETSY) disclosed in an SEC filing on Tuesday that it entered into an agreement to sell its Reverb Holdings property to Reverb IntermediateCo LLC, a Delaware limited liability company ...
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