Pop culture brand Funko has acquired Mondo, an Austin-based company creating high-end collectibles including vinyl records, posters, toys, apparel, books, and more.
The financial terms of the deal were not disclosed, but Funko said it did not expect the acquisition to have an impact on performance in 2022.
It’s unclear on the impact the deal will have to Funko’s tabletop gaming business.
Funko acquired Forrest-Pruzan Creative, a Seattle-based board game development studio, in 2019.
Mondo has dipped into tabletop gaming having partnered with Restoration Games on the publishing of Unmatched providing the licenses for the popular game.
Funko CEO Andrew Perimutter said the company would pair Mondo’s product assortment and aesthetic with Funko’s massive property library.
“Mondo’s devoted fan base and high-end pop culture collectibles make it the perfect complement to Funko’s current portfolio of brands. By leveraging our international distribution and licensing network, we feel well-positioned to expedite the growth of the Mondo brand,” Perimutter said.
Mondo was founded in 2001 by Rob Jones and Tim League and was a subsidiary of Alamo Drafthouse Cinema.
Mondo is best known for its limited-edition vinyl records and screen-printed posters, which focus on bringing art back to music and cinema through collaborations with acclaimed artists.