Authentic Brands Group Makes Binding Offer To Acquire Boardriders

March 31, 2023

Boardriders has long been rumored to be on the selling block. In early March, Bloomberg reported that Authentic Brands was nearing a deal to acquire the company for $1.3 billion. A Moody’s report published in late February indicated that Authentic had arranged financing to support an acquisition. Authentic said the acquisition “would strategically diversify and expand its portfolio.” SGB Media