A-Mark Precious Metals completed the acquisition of Spectrum Group International for $92m.

A-Mark Precious Metals, a precious metals platform, completed the acquisition of Spectrum Group International, a financial services, jewelry & watch retail, and auctions company, for $92m. “This transaction also creates meaningful cross-selling opportunities as significant synergies exist between A-Mark’s Direct-to-Consumer and wholesale customers and SGI’s collectors, investors, and dealers. Having led SGI for many years, I am optimistic this acquisition will be financially and strategically accretive to A-Mark,” Greg Roberts, Gold.com Chief Executive Officer and Director.