GLD Sold to H.I.G. Captial
GLD Sold to H.I.G. Captial
Transaction
Overview
Our Partner firm, The Sage Group, advised GLD on its sale to H.I.G. Capital.
GLD is a leading, digitally native jewelry, accessories, and apparel e-commerce brand in the streetwear / urban category. Influenced by street culture, GLD disrupted the jewelry market by providing high-quality, aspirational product at an accessible price point – including a full suite of both classic as well as on-trend jewelry and accessories. GLD’s focus on community, authenticity, and inclusivity has fostered a highly engaged, diverse, and loyal customer base. The brand has built relationships with influencers such as Wiz Khalifa, Justin Bieber, and Cardi B, and impressive strategic partnerships with the NBA, Marvel, and others.
GLD engaged The Sage Group to explore M&A opportunities in the marketplace. Ultimately, the Company selected to partner with H.I.G. Growth Partners (or “H.I.G.”), the dedicated growth capital investment affiliate of H.I.G. Capital. CEO Mark Seremet and Co-Founder & President Christian Johnston will continue to run the business in collaboration with strategic insight from H.I.G. Growth.
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