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- Collectors
Collectors Acquisition, Valuation, Funding & Investors
Collectors was acquired by D1 Capital Partners, Nat Turner and Cohen Private Ventures for $853M in November 2020, a 10.8x multiple on $79M of revenue.
Collectors acquisition price
$853M
Acquired by D1 Capital Partners, Nat Turner +1 · Nov 2020
Collectors revenue at acquisition
$79M
Last twelve months · Nov 2020
Collectors revenue multiple at acquisition
10.8x
EV/Revenue · Nov 2020
Collectors EBITDA multiple at acquisition
42.6x
EV/EBITDA · Nov 2020
About Collectors
Collectors is a Newport Beach-headquartered authentication firm operating PSA for trading cards, PCGS for coins, and WATA for video games, grading 10 million items annually. It runs Goldin Auctions marketplace with $1 billion in sales since 2021, serving collectors via online submissions and events. Partnerships include Fanatics for eBay integration. Founded in 2021 through merger, Collectors employs 1,000 staff across California and New Jersey.
Founded
1986
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Services, Commission
Revenue
$300M (Apr 2022)
Valuation
$4.3B (Apr 2022)
Collectors Acquisition
Collectors was acquired by D1 Capital Partners, Nat Turner and Cohen Private Ventures for $853M on 30 November 2020.
The acquisition price implies a 10.8x revenue and 42.6x EBITDA multiple on $79M of revenue.
Before the acquisition Collectors had raised $100M across 1 funding round.
An investor group led by entrepreneur and collector Nat Turner, together with D1 Capital Partners and Cohen Private Ventures, agreed to take Collectors Universe private in November 2020. The initial merger agreement, announced on 30 November 2020, offered USD 75.25 per share in cash for all outstanding common stock, a transaction value of about USD 700 million. In January 2021 the parties amended the agreement and raised the price to USD 92.00 per share, described as the group's best and final offer, which valued the company at roughly USD 853 million. The tender offer was completed on 8 February 2021 and the merger closed on 22 February 2021, after which the shares stopped trading on Nasdaq. Turner became executive chairman, and Joseph Orlando remained president and chief executive. Collectors Universe, based in Newport Beach, California, provides authentication and grading services to dealers and collectors of collectibles, including trading cards, coins and memorabilia through its PSA brand. The business was later renamed Collectors. The transaction took the listed company into private ownership under a group of financial and individual investors.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 30 Nov 2020 | PE buyout | $853M | 10.8x | 42.6x |
Sources: paulweiss.com, globenewswire.com, sec.gov, peprofessional.com
Collectors Valuation
Collectors is currently valued at $4.3B, based on its undisclosed-stage round in April 2022. Read the announcement ↗
The $100M round included TCG, Cohen Private Ventures, D1 Capital Partners and Nat Turner.
Collectors valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Apr 2022 | Undisclosed stage | $4.3B | 14.3x |
Collectors Revenue
Collectors' latest recorded revenue is $300M, as of its undisclosed-stage round in April 2022. At a $4.3B valuation, that implies a 14.3x revenue multiple.
Collectors revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Apr 2022 | $300M | $4.3B | 14.3x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Collectors Funding History
Collectors has raised a total of $100M across 1 funding round.
Collectors funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2022 | Undisclosed stage | TCG; Cohen Private Ventures; D1 Capital Partners; Nat Turner | $100M | $4.3B | Collectors Holdings, formerly Collectors Universe, operates a platform for authenticating, grading, and managing collectibles including sports trading cards, rare coins, video games, and memorabilia. It provides authentication services through brands like PSA, marketplace and auction platforms such as Goldin, research tools, and recently launched a secure vault and collection management service in a 11,000-square-foot Delaware facility. In April 2022, Collectors raised $100 million from existing investors including Cohen Private Ventures, D1 Capital Partners, Nat Turner, and TCG Capital Management at a post-money valuation of $4.3 billion. This growth funding follows the company's 2021 acquisition by the investor group for approximately $850 million and the acquisition of Goldin Auctions for over $200 million in July 2021, which had $100 million in transactions in 2020 and was projected for $500 million in 2022. The company reported over 100% year-over-year growth in revenue and EBITDA, achieving profitability amid strong demand for authentication, grading, and marketplace sales. Funds from the round are allocated to business expansion, technology improvements for user experience, and capacity enhancements. Collectors continues strategic growth in the booming collectibles market, consolidating offerings under Collectors.com and hiring across finance, engineering, and operations. |
Who has invested in Collectors?
4 investors have backed Collectors across its funding rounds, including D1 Capital Partners, TCG, Nat Turner and Cohen Private Ventures.
Collectors Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Apr 2022 | ||
| 1 | Participant | Apr 2022 | ||
This data is available for Pro users. Sign up to see all 4 Collectors investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Collectors
Collectors has acquired 1 company to date.
Last acquisition by Collectors was on December 15th 2025. Collectors acquired Beckett Collectibles for undisclosed valuation.
Latest Acquisitions by Collectors
| Description | Beckett Collectibles is a Dallas-headquartered authority on sports card grading, authentication, and collectibles pricing. The company operates grading services for baseball, basketball, football cards, comics, and memorabilia, alongside online price guides and marketplace auctions for hobbyists and investors. |
| HQ Country | |
| HQ City | Dallas, TX |
| Deal Date | 15 Dec 2025 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Collectors acquisitions and their M&A valuation multiples. Start Free Trial | |
Collectors Competitors
Collectors competitors include listed companies like Openlane, Travel+Leisure and MakeMyTrip, and private ones like wefox, Zepto and Weee!.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.9B | $302M | $4.2B | 2.1x | ||
| Private | $350M | - | $4.5B | 12.9x | ||
| Private | $2.4B | - | $4.5B | 1.9x | ||
| Private | $400M | - | $4.1B | 10.3x | ||
| Publicly listed | $4B | $684M | $4.5B | 2.5x | ||
| Publicly listed | $1B | $171M | $4.8B | 4.8x |
Collectors Public Comps
Collectors is no longer listed, but its public comps include Bath & Body Works, AUTO1 Group, Mobile World Investment Corp., Shimamura, Pepkor, Openlane, Valvoline, Academy Sports + Outdoors, Jumbo Greece and Fielmann Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.3B | $1.4B | 1.1x | 1.2x | 5.8x | 6.5x | |||
| $9.2B | $194M | 0.6x | 0.5x | 29.6x | 20.9x | |||
| $6.1B | $354M | 0.5x | 0.4x | 9.0x | 5.9x | |||
| $4.4B | $432M | 0.7x | 0.6x | 6.8x | 6.3x | |||
| $5.8B | $949M | 1.1x | 0.9x | 6.5x | 5.9x | |||
| $1.9B | $302M | 2.3x | 2.1x | 14.9x | 11.7x | |||
| $1.7B | $486M | 3.7x | 3.0x | 13.0x | 11.3x | |||
| $6.1B | $645M | 1.0x | 0.9x | 9.0x | 8.2x | |||
This data is available for Pro users. Sign up to see all Collectors competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Collectors
| When was Collectors founded? | Collectors was founded in 1986. |
| Where is Collectors headquartered? | Collectors is headquartered in United States. |
| Is Collectors publicly listed? | No, Collectors was acquired by D1 Capital Partners, Nat Turner and Cohen Private Ventures in November 2020. |
| Who acquired Collectors? | Collectors was acquired by D1 Capital Partners, Nat Turner and Cohen Private Ventures in November 2020. |
| How much was Collectors acquired for? | Collectors was acquired for $853M in November 2020, a 10.8x revenue multiple. |
| What is Collectors' valuation? | Collectors was last valued at $4.3B in its undisclosed-stage round in April 2022. |
| How much funding has Collectors raised? | Collectors has raised $100M across 1 funding round. |
| What was Collectors' last funding round? | Collectors' last funding round was a $100M undisclosed-stage round in April 2022. |
| Who are Collectors' investors? | Collectors' investors include TCG, Cohen Private Ventures, D1 Capital Partners and Nat Turner. |
| What is Collectors' revenue? | Collectors' latest recorded revenue is $300M (April 2022). |
| What is Collectors' revenue multiple? | Collectors' latest valuation implies a 14.3x revenue multiple ($4.3B valuation on $300M of revenue). |
| Which companies are comparable to Collectors? | Companies comparable to Collectors include Openlane, wefox, Zepto, Weee!, Travel+Leisure and MakeMyTrip. |
| How many companies has Collectors acquired? | Collectors has acquired 1 company, including Beckett Collectibles. |
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