Michael Eisner’s Tornante Company and Madison Dearborn Partners announced that they have sold TDS Gift Cards to Ziff Davis in an all-cash transaction. The sale marks the last piece of the former Topps companies portfolio, which was owned by Tornante Company and funds affiliated with MDP, to be sold, and ends a partnership that began in 2007. The portfolio also included the iconic Topps trading cards and collectibles business, which was sold to Fanatics in December 2021, and Bazooka Candy Brands, maker of beloved products such as Ring Pop, Push Pop, Baby Bottle Pop and Bazooka Bubble Gum, which was sold to funds advised by Apax Partners this past October.
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