Goldline International Inc. Acquired by CIVC Partners and Key Management

Posted on 1/19/2009

Goldline, an industry leader in the precious metal and rare coin field, has been acquired by key management and Chicago based private investment firm CIVC Partners in a deal valued over $50 million.

CIVC Partners, a Chicago based private investment firm, joined with management to acquire Goldline International Inc. and its subsidiary, Goldline Precious Metals, in a transaction worth over $50,000,000. Goldline helps investors and collectors throughout the United States acquire precious metals, rare coins and other numismatics. As part of the transaction, key management increased their equity ownership in the company. CIVC's investment will provide additional resources for the continued expansion of the company, while preserving the superior levels of service that Goldline clients have come to expect.

Goldline is one of the largest precious metals trading companies in the United States with over 200 employees. The company has been serving its clients since 1960. For additional information about Goldline, visit www.goldline.com

“Management is extremely excited to partner with CIVC. We believe this relationship will allow Goldline to expand its products and services to clients and create new opportunities in the numismatic and collectible fields,” said Mark Albarian, president and CEO of Goldline International Inc.

“Goldline has grown significantly under the management of Mark and his team, and we are proud to partner with them to continue to deliver the highest standards of customer service and integrity in the industry,” said Dan Helle, a partner at CIVC.

About Goldline:
Goldline, an industry leader in the precious metal and rare coin field, assists investors and collectors in acquiring physical precious metals, rare coins and rare currency. It offers insured delivery or insured storage through independent, third-party depositories. Goldline traces its corporate history to 1960 and its acquisitions include Deak International Goldline (US) Ltd. from Thomas Cook and Dreyfus Precious Metals Inc. from the Dreyfus Corporation.

About CIVC:
CIVC Partners, a Chicago-based firm, manages over $1 billion of private equity capital. With over 35 years of experience in private equity investing, we provide growth and buyout capital to middle-market companies engaged in business services, financial services, and media and communications. For additional information regarding CIVC, visit www.civc.com.

M & A Capital represented the selling shareholders in this transaction. For additional information regarding M&A Capital, visit www.mandacap.com.

This is a guest article. The thoughts and opinions in this piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.


Stay Informed

Want news like this delivered to your inbox once a month? Subscribe to the free NGC eNewsletter today!

Thanks!

You've been subscribed to the NGC eNewsletter.

Unable to subscribe to our eNewsletter. Please try again later.

Articles List

Add Coin

Join NGC for free to add coins, track your collection and participate in the NGC Registry. Learn more >

Join NGC

Already a member? Sign In
Add to NGC Coin Registry Example
The NGC Registry is not endorsed by or associated with PCGS or CAC. PCGS is a registered trademark of Collectors Universe, Inc. CAC is a trademark of Certified Acceptance Corporation.