Diamond Comic Distributors is getting into the grading business. Today, the distributor revealed that it has acquired Collectible Grading Authority (CGA), which operates the grading brands Action Figure Authority (AFA), Video Game Authority (VGA), Die-Cast Authority (DCA), and Collectible Doll Authority.
With this acquisition, CGA will join the Geppi Family Enterprises, a network of pop culture companies owned by Steve Geppi that includes Diamond Comic Distributors, Diamond Select Toys, Gemstone Publishing, E. Gerber, and Hake’s Auctions.
“We’ve all been reading about the explosive growth in collectible grading, so getting into that business was a logical next step for us,” Geppi says. “As the undisputed leader in action figure and video game grading, CGA is the perfect addition to our portfolio.”
Founded in Atlanta in 2000, CGA has served more than 10,000 collectors, investors, dealers, auction firms, and toy makers. The company has graded close to 500,000 items and is known for its tamper-proof, protective, acrylic display cases.
Following the acquisition, CGA will maintain its Atlanta-based operations.