South Bend, IN (Feb 1, 2021) – Round 2, a leading collectibles company that produces model kits, die-cast cars and slot cars announced today that it has partnered with Praesidian Capital. Praesidian Capital is a leading private investment group headquartered in Larchmont, New York and acquired controlling interest (51%) of Round 2.
Round 2 President and Founder, Thomas Lowe stated, “I’m thrilled to be partnering with the Praesidian team as they will bring significant resources as we continue to scale the business, both organically and through acquisitions. It’s also really great that there are no staff changes and the headquarters remains here in South Bend, IN. Our customers can be assured that it is business as usual at Round 2, with lots of continued growth to come.”
“We are excited to be partnering with Thomas Lowe, founder and CEO of Round 2,” stated Jason Drattell, Praesidian Founder. “Round 2 has emerged as a market leader in the collectibles space and we look forward to supporting the management team as Round 2 continues to expand its product offerings”
Glenn Harrison, Praesidian Capital Partner said: “Product design and innovation will always be at the core of Round 2’s growth strategy, but we also believe that there is a significant consolidation opportunity within the highly fragmented collectibles space. We will be working closely with the Round 2 team to continue to build on its already impressive list of brands.” Stay tuned for more continued product updates and news at round2corp.com! # # #
ABOUT ROUND 2 CORP., LLC
Round 2, LLC is an innovative collectibles and toy company located in South Bend, IN. The creative team at Round 2 is dedicated to producing detailed, high quality collectible and playable items appealing to the young and young at heart. Round 2 brands include Polar Lights®, AMT® and MPC® model kits. Auto World® slot cars, Forever Fun seasonal products and the licensed brands Johnny Lightning, Racing Champions, Legends of the Quarter Mile, American Muscle®, Ertl Collectibles® and Vintage Fuel die cast.
For more details on all the product lines produced by Round 2, visit our website at: www.round2corp.com
American Muscle, Johnny Lightning, and Racing Champions are the trademarks of TOMY, registered in the U.S.,
Canada, and other territories. Ertl Collectibles is the U.S. registered trademark of TOMY.AMT, Polar Lights, MPC, Lindberg, Hawk Round 2 and design are trademarks of Round 2, LLC. ©2021 Round 2, LLC, South Bend, IN 46628. All rights reserved.