A-Mark completed the acquisition of a minority stake in Silver Gold Bull for $44m.

A-Mark, a precious metals platform that offers an array of precious metals and related products to wholesale and retail customers, completed the acquisition of a minority stake in Silver Gold Bull, a bullion dealer, for $44m. “Since our initial investment in SGB and throughout my time on their Board or as a Board observer, since 2014, the A-Mark team and I have been continually impressed with SGB’s track record of growth and profitability within their DTC markets. This investment will provide A-Mark with additional international presence through SGB’s success in Canada and emerging growth opportunities in other international markets. Additionally, the extended supplier agreement will allow both companies to continue leveraging A-Mark’s minting and wholesale sources of supply. We continue to execute our strategy of growing our retail footprint with this current investment and the option we secured to further expand our ownership in SGB in the future,” Greg Roberts, A-Mark CEO.