Oh hey — Reverb here. 👋 Just to clarify, Reverb is not being purchased by Fender. Two new investors—Creator Partners + Servco—have entered an agreement to purchase Reverb.
I think the confusion probably stems from the fact that Servco has a long history with Fender stretching back to the '50s, and is now a majority owner of Fender.
Once the deal closes, although we'll share a common investor with Fender, Reverb will be a privately-held, independently operated company.
You can read more on our blog. Cheers!