Announced

Quality Gold to go public via a SPAC merger with Tastemaker Acquisition in a $989m deal.

Synopsis

Quality Gold, a jewelry distributor, agreed to go public via a SPAC merger with Tastemaker Acquisition, a special purpose acquisition company, in a $989m deal. “We are thrilled to partner with Dave, Andy and the rest of the best-in-class team at Tastemaker, who are seasoned operators and directors of listed companies, as we become a publicly traded company. With the overwhelming support of our loyal and expansive customer base, Quality Gold has built a premier distribution business with a proven track record of success spanning more than four decades. With the resources provided through the transaction and those that will be available to us as a public company, we will be able to continue to build out our product offerings, deepen our retailer relationships, and further fuel our robust acquisition strategy as the highly fragmented jewelry industry naturally consolidates,” Michael Langhammer, Quality Gold Chief Executive Officer.

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