D.A. Davidson acted as a buy-side advisor to A-Mark Precious Metals on its acquisition of LPM Group from AMS Holding. A-Mark, a fully integrated precious metals platform, acquired a 10% common equity interest in AMS. The acquisition aims to expand A-Mark's international presence, particularly in Asia, by offering a broader set of product offerings and services to its global customer base.
D.A. Davidson ha agito come consulente per l'acquisto per conto di A-Mark Precious Metals nella loro acquisizione di LPM Group da AMS Holding. A-Mark, una piattaforma completamente integrata per i metalli preziosi, ha acquisito una partecipazione azionaria comune del 10% in AMS. L'obiettivo dell'acquisizione è espandere la presenza internazionale di A-Mark, in particolare in Asia, offrendo un insieme più ampio di prodotti e servizi alla sua clientela globale.
D.A. Davidson actuó como asesor de compra para A-Mark Precious Metals en su adquisición de LPM Group de AMS Holding. A-Mark, una plataforma totalmente integrada de metales preciosos, adquirió un interés del 10% en el capital ordinario de AMS. La adquisición tiene como objetivo expandir la presencia internacional de A-Mark, especialmente en Asia, ofreciendo un conjunto más amplio de productos y servicios a su base de clientes global.
D.A. Davidson은 A-Mark Precious Metals가 AMS 홀딩스로부터 LPM 그룹을 인수하는 과정에서 매수 측 자문역할을 했습니다. 완전히 통합된 귀금속 플랫폼인 A-Mark는 AMS의 보통주 10% 지분을 취득하였습니다. 이번 인수는 특히 아시아 지역에서 A-Mark의 국제적 입지를 확장하고, 전 세계 고객 기반에 더 넓은 제품 및 서비스 제공을 목표로 합니다.
D.A. Davidson a agi en tant que conseiller du côté de l'acheteur pour A-Mark Precious Metals lors de son acquisition de LPM Group auprès de AMS Holding. A-Mark, une plateforme de métaux précieux entièrement intégrée, a acquis une participation en capital ordinaire de 10% dans AMS. L'acquisition vise à étendre la présence internationale d'A-Mark, notamment en Asie, en offrant un ensemble plus large de produits et de services à sa clientèle mondiale.
D.A. Davidson fungierte als Berater auf der Käuferseite für A-Mark Precious Metals bei der Übernahme von LPM Group von AMS Holding. A-Mark, eine vollständig integrierte Edelmetallplattform, erwarb einen 10% Anteil am Stammkapital von AMS. Die Übernahme zielt darauf ab, die internationale Präsenz von A-Mark zu erweitern, insbesondere in Asien, indem es eine breitere Palette von Produkten und Dienstleistungen für seine weltweite Kundenbasis anbietet.
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Insights
The acquisition of LPM Group Limited by A-Mark Precious Metals represents a strategic expansion into the Asian market, a move that could have significant implications for A-Mark's revenue diversification and market share growth. Given Asia's increasing demand for precious metals and A-Mark's fully integrated platform approach, this transaction could bolster the company's international profile and sales volume. Investors should monitor the integration process as it could offer economies of scale and more efficient supply chain management, potentially leading to improved margins. However, acquisitions carry execution risk and investors should be aware of the challenges of integrating new operations, especially in diverse regulatory environments. The equity interest acquisition in AMS could also provide strategic benefits in terms of supplier relationships and market intelligence.
From a consumer behavior perspective, A-Mark's strategy to leverage its e-commerce expertise to enhance LPM's direct-to-consumer business is timely and aligns with the broader industry trend towards digital retailing. This could resonate well with an increasing number of tech-savvy consumers in Asia who prefer online shopping. The extension of product offerings and ancillary services, such as storage and fulfillment, may significantly boost customer retention and attract new customers, thereby increasing A-Mark's market penetration. By analyzing consumer trends and preferences, A-Mark can tailor its product mix to meet the dynamic needs of the Asian market, which is vital for long-term brand loyalty and revenue growth.
IRVINE, Calif.--(BUSINESS WIRE)--
D.A. Davidson & Co. announced today that it served as buy-side advisor to A-Mark Precious Metals, Inc. (“A-Mark or “The Company) (Nasdaq: AMRK), a fully integrated precious metals platform, on its acquisition of LPM Group Limited (LPM), one of Asia’s largest precious metals dealers from AMS Holding, LLC. Further, a joint venture consisting of A-Mark, Pinehurst, and Stack’s Bowers Numismatics, an affiliate of A-Mark, acquired a common equity interest in AMS equivalent to 10% of the total, fully diluted common equity interests in AMS.
D.A. Davidson Acts as Buy-Side Advisor to A-Mark Precious Metals on its Acquisition of LPM Group Limited from AMS Holding (Graphic: Business Wire)
Founded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers via a portfolio of channels. The company conducts its operations through three complementary segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The company’s global customer base spans sovereign and private mints, manufacturers and fabricators, refiners, dealers, financial institutions, industrial users, investors, collectors, e-commerce customers, and other retail customers.
“Acquiring LPM is an important step in growing A-Mark’s international presence, specifically in Asia,” said A-Mark CEO Greg Roberts. “Having established a relationship with AMS through supplier agreements, the timing was opportune to integrate LPM into our portfolio and extend A-Mark’s global reach. With access to A-Mark’s inventory and resources, we expect that LPM will be able to secure larger purchase orders while providing customers with a broader set of product offerings. Our strategy is to expand LPM’s direct-to-consumer business through our proven e-commerce expertise, while offering its global customer base a broader portfolio of products and ancillary services such as storage and fulfillment.”
D.A. Davidson’s Consumer Group has a reputation for its depth of industry knowledge, breadth of capabilities, and tenacity of its senior professionals. Offering sector-specific expertise through a full-service platform, the team provides M&A, strategic advisory, and equity capital markets capabilities across several subsectors, including active and outdoor; apparel, footwear, accessories & specialty retail; consumer & services; eCommerce & marketplaces; and food & beverage. Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the brand of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 29 states.
Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.
Media Contact
Emily Roy
Prosek for D.A. Davidson
(646) 818-9232
eroy@prosek.com
Source: D.A. Davidson & Co.
FAQ
What acquisition did A-Mark Precious Metals make recently?
A-Mark Precious Metals acquired LPM Group from AMS Holding.
What percentage of common equity interest did A-Mark Precious Metals acquire in AMS?
A-Mark Precious Metals acquired a 10% common equity interest in AMS.
How does A-Mark Precious Metals plan to expand its international presence?
A-Mark Precious Metals aims to expand its international presence, specifically in Asia, by integrating LPM Group into its portfolio and offering a broader range of products and services to its global customer base.
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