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Business

Mergers & Acquisitions

Nine West Holdings enters into a definitive agreement to acquire women’s sportswear firm Kasper Group following its sale of the Easy Spirit wholesale business; the transaction is expected to close this month.

Funko buys London-based manufacturer and distributor Underground Toys.

Studio 100 acquires a 68% majority stake in m4e; the new group will bolster each company’s investment and distribution capacities. The transaction is still subject to several suspensive conditions, including approval by the German Federal Cartel Office.

Disney‘s former game development subsidiary, Avalanche Software, is reestablished under Warner Bros. Interactive Entertainment. The studio retains much of its leadership, including SVP John Blackburn. The first project is a licensed adaptation of Cars 3.

Sony Pictures Home Entertainment takes an equity stake in Genius Brands Intl.‘s Genius Brands after expanding its worldwide home distribution agreement for the Kid Genius and Baby Genius labels.

Performance Sports Group sells Inaria, manufacturer of soccer uniforms, apparel, and equipment, back to brand founder Saverio Michielli for $1.58 million. Performance Sports Group is restructuring in bankruptcy proceedings and also owns the Bauer, Mission, Maverik, Cascade, Combat, and Easton brands.

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