Etsy is selling Reverb, six years after it purchased the online marketplace for musical instruments. Reverb didn’t say how much money is changing hands, but Etsy purchased the company for $275 million in 2019. In its announcement, Reverb said that the investors Creator Partners, which was founded by former SoundCloud CEO Kerry Trainor, and Servco, the owner of Fender Musical Instruments Corporation, have entered an agreement to buy the company. The marketplace will not be merging with either investor and will be “privately-held [and] independently operated”
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