Diamond Store appoints investment firm for potential sale
On-line diamond retailer The Diamond Retailer has appointed funding financial institution finnCap Cavendish to discover the potential of a sale. Weather.
The transfer comes after the retailer took a sequence of unsolicited takeover approaches.
Diamond Retailer was based in 2006 by Gary Ingram, an entrepreneur with a background in on-line advertising and marketing.
The corporate is at the moment led by Jeremy Kanzen, who took over the enterprise in 2021.
It is unclear how a lot worth the enterprise will acquire in a sale or what the homeowners will search for in any deal.
Diamond Retailer stated it was assembly with consultants “to judge affords and discover strategic choices for enterprise and the alternatives they will present.”
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