M&A Deal Summary

A-Mark Acquires LPM Group

On April 17, 2024, A-Mark acquired metals/mining company LPM Group from Asset Marketing Services

Acquisition Highlights
  • This is A-Mark’s 4th transaction in the Metals/Mining sector.
  • This is A-Mark’s 1st transaction in China.

M&A Deal Summary

Date 2024-04-17
Target LPM Group
Sector Metals/Mining
Buyer(s) A-Mark
Sellers(s) Asset Marketing Services
Deal Type Divestiture

Target

LPM Group

Hong Kong, China
website
LPM Group is a precious metals dealer that carries a wide range of products including but not limited to popular newly released silver coins, gold bullion, certified coins, and the newest and most innovative collectible numismatic issues. LPM Group is based in Hong Kong.

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Buyer(S) 1

Buyer

A-Mark

El Segundo, California, United States

website


Category Company
Founded 1965
Sector Metals/Mining
Employees377
Revenue 8.2B USD (2022)
DESCRIPTION

A-Mark is a full-service precious metals trading company. A-Mark is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. A-Mark also distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers secure storage for bullion; and offers complementary products such as consignment, customized finance and liquidity programs such as Repo accounts, and trade quotes in a variety of foreign currencies. A-Mark was incorporated in 1965 and is based in Santa Monica, California.


DEAL STATS #
Overall 5 of 5
Sector (Metals/Mining) 4 of 4
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-03 Atkinsons Bullion & Coins

Sutton Coldfield, United Kingdom

Atkinsons Bullion & Coins is a family owned bullion and coins business that offers the best service with fully insured UK delivery. The company launched its first website with a static price and a phone number in 2010. It launched its first live pricing e-commerce site in 2013 and has continued to develop, improve and build on the quality of service since, creating a safe and secure environment to buy quality bullion and coins at the best price. Atkinsons Bullion & Coins was formed in 1990 and is based in Sutton Coldfield, United Kingdom.

Buy -

Seller(S) 1

SELLER

Asset Marketing Services

Burnsville, Minnesota, United States

website


Category Company
Founded 1984
Sector Marketing
Employees300
DESCRIPTION

Asset Marketing Services LLC is a direct marketing company within the collectible coin, watch and jewelry sectors. AMS sells rare, shipwreck, series, and special event coins to an established client base. AMS markets these collectible coins through a broad range of direct marketing channels, including long-form prints ads, direct mail, financial newsletters, multi-title catalogs, internet websites (GovMint.com and ModernCoinMart.com), email and direct telemarketing. Asset Marketing Services was established in 1984 and is based in Burnsville, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2024) 1 of 1