JM Bullion (A-Mark) Acquires Certain Assets of BGASC
October 25, 2022
JM Bullion, Inc., a wholly-owned direct-to-consumer subsidiary of A-Mark Precious Metals, acquired certain assets of BGASC, LLC for $4.5 million in cash. The assets — including BGASC's website, domain, trademarks, customer list and IP — will be operated as a standalone brand to expand A-Mark's DTC portfolio.
- Buyers
- JM Bullion, Inc., A-Mark Precious Metals, Inc.
- Targets
- BGASC, LLC
- Sellers
- BGASC, LLC
- Industry
- E-Commerce
- Location
- California, United States
- Transaction Type
- Divestiture
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