The Company was acquired by an undisclosed strategic buyer.

COMPANY
The Company is a diamond merchant and importer. The Company operates a fully equipped diamond grading laboratory with a graduate gemologist. The Company’s inventory includes rounds (including ideal cut), fancies and specialties.

BUYER
The Buyer is an undisclosed strategic buyer.

OUR ROLE
Pendo Advisors, LLC served as exclusive financial advisor to The Company and initiated, structured and negotiated the transaction.