Date
Nov 2022
Region
Texas
We are pleased to announce the sale of our client, Intercept Silver & Jewelry Care, LLC to JK Acquisition, LLC. The transaction closed November 11, 2022.
Intercept Silver & Jewelry Care (ISJC) located in Austin, Texas, is the exclusive authorized worldwide distributor of Intercept Technology™ packaging to the silver and jewelry industries. The Company’s products utilize State of the Art Corrosion Intercept® and Static Intercept®, Lucent Technologies patented polymers that react with and permanently neutralize atmospheric gasses that cause tarnishing of metals and prevent silver tarnish.
Corrosion Intercept and Static Intercept provide clean, non-abrasive, non-toxic, environmentally friendly tarnish prevention for up to 30 years. Intercept does not contain charcoals, oils, or volatile corrosion inhibitors, does not leave deposits on items it protects, is temperature and humidity independent, and breaks down to a polymer dust in a landfill. NASA, The British Royal Mint, The Guggenheim Museum, Raytheon, and jewelry manufacturers worldwide trust Intercept Technology™ silver anti-tarnish products.
Located in Rochester, New York, JK Acquisition, LLC is a manufacturer and wholesaler of precious metal findings, beads, wire and finished jewelry.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, Senior M&A Advisor, Celeste Garner, with the support of Vice President, M&A, Lance Thomasson, successfully closed the deal. Senior Managing Director, Rick Buchoz, established the original relationship with ISJC.
“This acquisition was a natural fit for the JK Acquisition team. They had an existing relationship with Intercept Silver & Jewelry Care to build upon, and both parties had a high regard for one another. Both the buyer and seller were a pleasure to work with,” said Garner.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Industrials M&A Deals page.
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