Music & Games

A&A Global acquires HMS Monaco

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July 1, 2020

A&A Global Industries, a provider of redemption, amusement and vending industries' products, has completed an asset purchase of HMS Monaco, a Jersey City, New Jersey-based company specializing in plush and redemption merchandise, for an undisclosed sum, according to a press release.

HMS Monaco founder Ira Erstling joins the A&A Global family effective immediately as HMS division manager assisting with product development, sales and purchasing.

"As part of A&A, we can expand our product lines and services to HMS customers — as well as the other way around," Erstling said in the release. "This is not the end of HMS – just the launching pad of a new and exciting future."

Over the next few weeks, HMS' inventory will be transferred to A&A's Baltimore headquarters.