DALLAS, December 09, 2022--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Intercept Silver & Jewelry Care, LLC to JK Acquisition, LLC. The transaction closed November 11, 2022.
Intercept Silver & Jewelry Care (ISJC) located in Austin, Texas, is the exclusive authorized worldwide distributor of Intercept Technology™ packaging to the silver and jewelry industries. The Company’s products utilize State of the Art Corrosion Intercept® and Static Intercept®, Lucent Technologies patented polymers that react with and permanently neutralize atmospheric gasses that cause tarnishing of metals and prevent silver tarnish.
Corrosion Intercept and Static Intercept provide clean, non-abrasive, non-toxic, environmentally friendly tarnish prevention for up to 30 years. Intercept does not contain charcoals, oils, or volatile corrosion inhibitors, does not leave deposits on items it protects, is temperature and humidity independent, and breaks down to a polymer dust in a landfill. NASA, The British Royal Mint, The Guggenheim Museum, Raytheon, and jewelry manufacturers worldwide trust Intercept Technology™ silver anti-tarnish products.
Located in Rochester, New York, JK Acquisition, LLC is a manufacturer and wholesaler of precious metal findings, beads, wire and finished jewelry.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, Senior M&A Advisor, Celeste Garner, with the support of Vice President, M&A, Lance Thomasson successfully closed the deal. Senior Managing Director, Rick Buchoz established the original relationship with ISJC.
"This acquisition was a natural fit for the JK Acquisition team. They had an existing relationship with Intercept Silver & Jewelry Care to build upon and both parties had a high regard for one another. Both the buyer and seller were a pleasure to work with," said Garner.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 300 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221209005061/en/
For more information: