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Diamond Comics Buys CGC Competitor, Collectible Grading Authority

Diamond Comic Distributor acquires Collectible Grading Authority, bringing CGA’s grading brands under the Geppi Family Enterprise umbrella.

Collectible Grading Authority (CGA) has been acquired by Diamond Comic Distributors (DCD), distributor of English comics, graphic novels and pop culture merchandise. Other grading brands under the CGA umbrella include Action Figure Authority (AFA), Video Game Authority (VGA), Die-Cast Authority (DCA) and Collectible Doll Authority (CDA).

Diamond and CGA will now be a part of Geppi Family Enterprises (GFE) under the ownership of Steve Geppi, which also includes Diamond Comic Distributors, Diamond UK, Diamond Book Distributors, Alliance Game Distributors, Diamond Select Toys, Gemstone Publishing, E. Gerber, and Hake’s Auctions among others.

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“I’m focused on expanding our product and service offerings to cement our position as the center of all things pop culture,” said Steve Geppi, President, Chairman and CEO of Geppi Family Enterprises. “We’ve all been reading about the explosive growth in collectible grading, so getting into that business was a logical next step for us. As the undisputed leader in action figure and video game grading, CGA is the perfect addition to our portfolio. I am thrilled to have CGA join Geppi Family Enterprises.”

“Our focus has always been on providing accurate grading services accompanied by the highest quality acrylic cases in the industry,” said Chad Thompson, CEO of Collectible Grading Authority. “We’re not only excited to partner with Steve Geppi and the Geppi Family Enterprises portfolio of brands—we’re also eager to accelerate our growth and take CGA to the next level as a result of our new partnership. This is just the beginning of exciting new times as we look forward to continuing to serve our collecting communities for many years to come.”

CGA is a collectible grading and preservation business with more than 20 years of experience. Serving more than 10,000 collectors, investors, dealers, auction firms and toymakers, CGA has graded close to 500,000 items. CGA’s high-quality acrylic cases offer tamper-proof protection that also serves as an attractive display for a wide range of items. Founded in Atlanta in 2000, CGA began by offering action figure grading and quickly evolved into the leading grading service of action figures. The company also expanded into video game grading in 2008.

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Source: Diamond Comic Distributors

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