On August 30, A-Mark announced that their JM Bullion subsidiary had entered into an agreement to buy online bullion dealer BGASC for $4.5 million in cash. BGASC was founded in 2012 in California and has reported more than 70,000 customers and $200 million in annual revenue. BGASC is an abbreviation for Buy Silver and Gold … Read moreA-Mark/JM Bullion acquires BGASC
Precious Metals conglomerate A-Mark has announced that they will purchase online retailer JM Bullion. The acquisition follows a long time partnership between the two companies that dates back to A-Mark’s initial investment in JM Bullion in 2014. In 2014 A-Mark acquired a non-controlling 20.5% stake in JM Bullion. The new deal will put the remaining … Read moreJM Bullion Acquired by A-Mark Precious Metals
The website for online Precious Metals retailer JM Bullion was hacked earlier this year. The company began notifying customers recently that malicious code had been discovered on their website. As part of the hack contact information and payment information may have been compromised. JM Bullion became aware of suspicious activity involving their website around July 6, … Read moreJM Bullion Notifies Customers of Hack