A-Mark Precious Metals’ $136.8 Million Acquisition of JM Bullion

Kramer Levin Naftalis & Frankel LLP represented A-Mark Precious Metals Inc. in the transaction.

A-Mark Precious Metals Inc. (A-Mark) executed the acquisition of precious metals e-commerce platform JM Bullion (JMB) for $136.8 million. A-Mark executed a public offering of common stock, which closed on March 8, whose net proceeds partly financed the acquisition.

Founded in 1965, A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is a leading full-service precious metals company and wholesaler of gold, silver, platinum and palladium bullion and related products. JM Bullion is a leading online retailer of precious metals, headquartered in Dallas, Texas. 

The Kramer Levin team advising A-Mark on the acquisition and equity offering was led by Corporate counsel Scott S. Rosenblum and partners Abbe L. Dienstag (Picture) and Eitan Tabak, and included associates Michael B. Cubell, Ilya Kontorovich and Dana Lyons; Privacy counsel Samantha V. Ettari; Tax partner Barry Herzog and associate Mariya Khvatskaya; Employment Law partner Robert N. Holtzman; Executive Compensation and Employee Benefits special counsel Avram J. Cahn; Technology and IP Transactions partner Harry Rubin; and Real Estate associates David Beiss and M. Mendel Trapedo.

Involved fees earner: David Beiss – Kramer Levin Naftalis & Frankel LLP; Avram Cahn – Kramer Levin Naftalis & Frankel LLP; Michael Cubell – Kramer Levin Naftalis & Frankel LLP; Abbe Dienstag – Kramer Levin Naftalis & Frankel LLP; Samantha Ettari – Kramer Levin Naftalis & Frankel LLP; Barry Herzog – Kramer Levin Naftalis & Frankel LLP; Robert Holtzman – Kramer Levin Naftalis & Frankel LLP; Mariya Khvatskaya – Kramer Levin Naftalis & Frankel LLP; Ilya Kontorovich – Kramer Levin Naftalis & Frankel LLP; Dana Lyons – Kramer Levin Naftalis & Frankel LLP; Scott Rosenblum – Kramer Levin Naftalis & Frankel LLP; Harry Rubin – Kramer Levin Naftalis & Frankel LLP; Eitan Tabak – Kramer Levin Naftalis & Frankel LLP; Mendel Trapedo – Kramer Levin Naftalis & Frankel LLP;

Law Firms: Kramer Levin Naftalis & Frankel LLP;

Clients: A-Mark Precious Metals;

Author: Martina Bellini