CIVC Partners and Management Acquire Goldline International, Inc.
CIVC Partners, a Chicago based private investment firm, joined with management to acquire Goldline International, Inc. and its subsidiary, Goldline Precious Metals. Goldline, with revenues exceeding $300 million, assists investors and collectors throughout the United States to acquire precious metals, rare coins and other numismatics. As part of the transaction, 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 & 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.
M&A Capital, LLC represented the selling shareholders in this transaction. For additional information regarding M&A Capital, visit www.mandacap.com.
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