In a regulatory filing, Etsy (ETSY) disclosed that on April 21, Etsy entered into an agreement to sell Reverb Holdings, its musical instrument marketplace, to Reverb IntermediateCo LLC, a Delaware limited liability company and wholly owned subsidiary of Reverb Partners LLC, a Delaware limited liability company. Reverb Partners LLC is an affiliate of Servco Pacific Inc., a Hawaii corporation, and Creator Partners LLC, a Delaware limited liability company. "The Acquirors share Reverb's experience in the music industry and focus on supporting musicians. Etsy has decided to divest Reverb from its portfolio to focus on driving growth in the core Etsy marketplace, as well as its subsidiary Depop. The transaction is currently expected to close in the coming months. Additional information will be provided in Etsy's Quarterly Report on Form 10-Q for the quarter ended March 31," the filing stated.