Following news in August that Loot Crate had filed for Chapter 11 bankruptcy, it was announced yesterday that Loot Crate had been acquired by Money Chest LLC. Here is the information sent out to subscribers yesterday: –
We wanted to share some important company updates with you:
First, Loot Crate has been officially acquired by Money Chest LLC! Who are they? Well, they’re majority funded by NECA, the company that owns Kidrobot and WizKids.
That’s right, we hit the new owner lottery! NECA has been creating one-of-a-kind limited edition collectibles for years, so they understand our business and, more importantly, what our community wants: unique offerings, on-time delivery, and high quality merchandise. With their support, we can deliver more exclusives to your door on time!
We now also have a new name. Loot Crate is officially The Loot Company!
There’s a lot more to share and we’ve got a ton of exciting new experiences coming your way, so keep an eye out for updates soon!
We Love You,
The Loot Team
We wish them well, and it will be interesting to see what NECA brings to the table.