Blue Nile acquisition finalized

by emily_smibert | February 20, 2017 11:32 am

[1]
Online jewellery retailer, Blue Nile, has successfully been acquired by an investor group comprised of Bain Capital Private Equity, Bow Street, and Adama Partners.

From engagement rings to fine jewellery, Blue Nile provides online tools and resources to help consumers take control of the retail experience and make informed, reliable and efficient purchasing decisions.

 “Blue Nile has disrupted and transformed the way consumers shop for and purchase diamonds and fine jewellery by creating price transparency while simultaneously providing value to suppliers,” says Blue Nile chairman, CEO and president, Harvey Kanter. “As we enter the next phase of growth, Blue Nile will continue to expand our vision and focus on putting the customer first by reaching them the way they prefer to shop whether it’s a computer, mobile device, or in one of our webrooms.”

As of Feb. 21, 2017, Blue Nile’s common stock on the NASDAQ will be suspended.

Source URL: https://www.jewellerybusiness.com/news/blue-nile-acquisition-finalized/

---