Almost six years after acquiring Reverb, Etsy (NASDAQ: ETSY) is selling the instruments marketplace to Fender investors Creator Partners and Servco Pacific. Reverb reached out with a formal announcement about its sale - and its return to private ownership - this morning. Meanwhile, Etsy confirmed the divestment in a regulatory disclosure, chalking up the move [...]
Etsy is a New York-based online marketplace that allows users to buy and sell handcrafted jewelry, apparel, gifts, craft supplies, and electronic accessories.