Acquisition of Control Industry Inc.
Summary by AI BETAClose X
6 October 2025
All Things Considered Group plc
("ATC", the "Company" or the "Group")
Acquisition of Control Industry Inc.
All Things Considered Group plc (AQSE: ATC), the independent music company housing talent management, live booking, merchandising, talent services and events, announces the acquisition by its subsidiary, Sandbag Limited, of certain assets of Control Industry Inc, a California based full-service merchandise management business (the "Acquisition").
Highlights
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Moving forward ATC's merchandise and e-commerce business, Sandbag will service existing clients of Control Industry Inc. |
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The Acquisition includes the purchase of core business assets, including business names, intellectual property rights and rights under client contracts. |
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Control Industry founder and CEO, Ricky Riker, will join ATC as President of Sandbag USA, bringing extensive experience and an established client base and will lead the sales and marketing activities of Sandbag in the US. |
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The Acquisition brings a number of established client relationships, including high-profile artists including Black Eyed Peas, Billy Joel, Diana Ross, John Coltrane and Simon & Garfunkel, and an established network of retail partners including Amazon, Macy's, Nordstrom, Urban Outfitters and Target. |
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Total consideration of up to $0.76m in cash, with an initial consideration of $0.52m and the balance payable over 9 months based on revenue targets. |
Background and rationale
Led by founder and CEO Ricky Riker, Control Industry is an established full-service merchandise management brand in the US, providing 'turnkey' merchandising management for tours and events. The Control Industry team are dedicated to delivering the best product design, manufacturing, digital services, retail, licensing and IP support to its clients. The Acquisition marks a step change for ATC in the US, broadening Sandbag's offering and further enhancing its foothold in the region.
Ricky is joining Sandbag along with three experienced team members, who bring with them deep industry expertise and established client relationships. Their addition strengthens the division's sales function and provides greater capacity to drive growth in the US market.
Adam Driscoll, CEO of ATC, commented: "The acquisition of Control Industry's assets and the appointment of Ricky Riker as President of Sandbag USA mark an exciting step forward in ATC's operations in the United States. Supported by his team, Ricky brings strong client relationships, proven sales expertise, and a deep understanding of the US market. We are confident that this acquisition will accelerate our growth and further strengthen our ability to support artists with a full suite of services."
Contacts
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All Things Considered Group Plc (ATC) Adam Driscoll, CEO Deborah Lovegrove, CFO
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Via Alma |
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Allenby Capital Limited - AQSE Corporate Adviser and Broker Jeremy Porter/Piers Shimwell/Ashur Joseph - Corporate Finance Matt Butlin - Equity Sales & Corporate Broking
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+44(0)20 3328 5656 |
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Alma Strategic Communications - Financial PR Hilary Buchanan/Justine James/Will Merison |
+44(0)20 3405 0205 |
Notes to Editors
ATC Group is an independent music business company operating internationally with strong business focus in the key commercial areas of music artist's business. The Group encompasses direct artist representation in the form of management and live representation, merchandising, music promotion, livestreaming and a range of other music services. The Group is headquartered in London, with offices in the key industry hubs of Los Angeles and New York and Europe.
The Group's key businesses are structured into segments that reflect the growing range of the Group's activities:
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Artist Representation - artist management and live representation (ATC Management, Raw Power Management, ROAM, Real Life Management) |
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Services - merchandise, direct to consumer, PR and promotion, and livestreaming (Sandbag, Circa, Driift) |
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Live Events and Experiences - venue ownership, production and promotion of live events (ATC Experience, Joy Entertainment Group) |
For more information see: www.atcgroupplc.com
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