A-Mark to Acquire LPM Group Limited
The acquisition price for all assets is reported to be $41.5 million, consisting of $37.5 million in cash and $4.0 million of A-Mark common stock with an additional $37.5 million in cash incentives.
The acquisition price for all assets is reported to be $41.5 million, consisting of $37.5 million in cash and $4.0 million of A-Mark common stock with an additional $37.5 million in cash incentives.
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 … Read moreA-Mark/JM Bullion Finalizes the Acquisition of BGASC