We are pleased to share the sale of Proton Multimedia, Inc., to a Private Investor. The acquisition closed November 20, 2020 and details were not disclosed.
Proton Multimedia, Inc., (dba Kult of Athena), located in Elgin, Illinois, is a leading retail and wholesale distributor of historic swords, armor, and a variety of historic reproductions. With over 20 years of industry experience, Kult of Athena distributes products to the United States, Canada, and various other international countries.
The Company sells both licensed and unlicensed merchandise from a large number of manufacturers including: CAS Iberia, Denix, Albion Armory, Marto, Factory X, Cheness Cutlery, Cold Steel, Del Tin, Windlass Steelcrafts, Hanwei, Dynasty Forge, Arms & Armor, Darksword Armory, Deepeeka, Generation 2, Get Dressed For Battle, Kris Cutlery, Masahiro, Musashi, Ritter Steel, United Cutlery, Valiant Armory and many more.
Products sold include: Swords, daggers, maces, axes, spears, armor, shields, crossbows, jewelry and accessory items. Product prices range from under $20 to well over $1,000. It is one of the largest online dealers of these novelty items in the U.S.
Generational Equity Executive Managing Director of M&A - Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Prasad Karcherla, with support from Managing Director, Mergers & Acquisitions, Ryan Johnson, successfully closed the transaction. Senior Managing Director Ashok Tandon established the initial relationship with Kult of Athena.
"It was very important to the owner to find the buyer best able to continue the business and brand name, provide continued job opportunities to his employee base, close the deal before the end of the year, and allow him to enjoy retirement and travel at this stage of his life,” said Karcherla.
“Both parties saw the great fit and were very committed to making the deal happen."
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Retail M&A Deals page.
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