Irwin Toy, a company that went from being a small Canadian toy distributor to a major toy manufacturer in just ten years, has been sold to Livgroup Investments, Ltd., a private holding company that purchased 100% of Irwin's stock for a total of $55 million. Irwin, which manufactures a full line of Dragonball Z toys as well as Sailor Moon dolls, owes it success and prominence to the acquisition of the Dragonball Z license for Canada and the U.S. When the Dragonball Z series first debuted in America as a syndicated TV series it ran up against the golden age of the infomercial. Dragonball was forced to air in major markets at 5:30 am and other equally undesirable time slots. Bandai America, which inherited the toy license from its parent company, dropped Dragonball after putting out toys for just one year. Several toy companies (including Diamond Select) passed on the license before Irwin acquired it. When Dragonball Z finally made it to the Cartoon Network, it became a major success and Irwin's gamble paid off bigtime.