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  5. Reign Sapphires Acquires Coordinates Collection

M&A Deal Summary

Reign Sapphires Acquires Coordinates Collection

On November 7, 2016, Reign Sapphires acquired apparel/textiles company Coordinates Collection

Acquisition Highlights
  • This is Reign Sapphires’ 1st transaction in the Apparel/Textiles sector.
  • This is Reign Sapphires’ 1st transaction in the United States.

M&A Deal Summary
Date 2016-11-07
Target Coordinates Collection
Sector Apparel/Textiles
Buyer(s) Reign Sapphires
Deal Type Add-on Acquisition

Target

Coordinates Collection

United States
Coordinates Collection offers customized jewelry that uses materials such as semi-precious to precious metals and stones as well as ceramic coatings. The company sells bracelets, rings and necklaces that display the latitude and longitude of any place that represents a special memory to the customer with 90% online distribution as well as wholesale accounts and distribution agreements to Middle East markets. Products are designed and manufactured in Los Angeles, CA.

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Buyer(S) 1

Buyer

Reign Sapphires

Beverly Hills, California, United States
Category Company
Founded 2013
Sector Consumer Products
Revenue 1M USD (2017)
DESCRIPTION

Reign Sapphires is the first mine-gate-to-customer brand to sell direct to consumers, and the first global brand to exclusively market fine jewelry products featuring a specifically colored gemstone - in this case the Australian Sapphire.

DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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