Funko buys Loungefly
Funko LLC, which is backed by ACON Investments LLC, has agreed to buy Loungefly. Financial terms weren’t announced. Loungefly designs and sells handbags and fashion accessories under licensed brands that include Disney, Marvel, Star Wars, Sanrio, and Pokémon. Hogan Lovells US LLP is serving as legal counsel to Funko. Intrepid Investment Bankers LLC provided financial advice to Loungefly, while Greenberg Glusker Fields Claman & Machtinger LLP acted as legal counsel.
23 May 2017•3 mins read
