Edge Entertainment Distribution has sold to Alliance Entertainment

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Alliance Entertainment, LLC (“AEC”) has acquired SJ Distribution, LLC, doing business as EDGE Entertainment Distribution ("EDGE"). Terms of the transaction were not disclosed. EdgePoint Capital initiated the transaction, led the negotiations and acted as exclusive financial advisor to EDGE. EdgePoint, a member of FINRA and SIPC, is a leading investment banking firm focused on advising middle market businesses on merger and acquisition transactions.

EDGE Entertainment Distribution, founded as Arrow Distributing Company in 1975, is a leading wholesaler and internet-based retail distributor of music, movies and related pre-recorded products serving independent music retailers, public libraries and college book stores.

Alliance Entertainment, LLC, distributes CDs, DVDs, videos, video games, and related merchandise to music and video retailers, as well as variety, e-commerce, internet, and independent retailers in the United States. The company was founded in 1990 and is headquartered in Coral Springs, Florida.

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