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New Deal


Announced

Completed

A-Mark Precious Metals completed the acquisition of 79% stake in JM Bullion.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Acquisition

Friendly

e-commerce

E-commerce

Domestic

Private

Single Bidder

precious metals

Completed

Synopsis

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A-Mark Precious Metals, a fully integrated precious metals platform, completed the acquisition of 79% stake in JM Bullion, an e-commerce retailer of precious metals. Financial terms were not disclosed. “As the anchor to our multifaceted direct-to-retail strategy, JMB enables us to more effectively capitalize on the growing demand for precious metals through online and e-commerce channels,” Greg Roberts, A-Mark CEO.

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