The direct to consumer division of A-Mark Precious Metals, JM Bullion, finalized the acquisition of competitor BGASC on October 25, 2022.
Established in 2012, BGASC had more than 120,000 customers and more than $200 million in annual revenue.
BGASC’s assets include the website, domain name, trademarks, logos, customer list, and all intellectual property. JMB will continue to operate BGASC as a standalone brand and recently launched an updated website and a plethora of new product offerings.
This is similar to other direct to consumer acquisitions including Silver.com and ProvidentMetals.com.
Some new products include a line of custom branded 1 oz silver rounds and bars adorned with the BGASC logo.