CIRCA ANNOUNCES THE ACQUISITION OF HAMPTON ESTATE AUCTION
New York, New York (June 14, 2016) – CIRCA Inc., the industry leader buying fine jewelry from the public, has announced its acquisition of Hampton Estate Auctions. Hampton is a live on-line Auction House successfully operating for the past three years specializing in jewelry, watches, coins and silver. Prior to the acquisition, Hampton was owned and operated by Vadim Krivitsky & associates, located in Lahaska, PA.
“The acquisition of Hampton will broaden the array of services CIRCA is able to offer to our global client base, giving our clients and customers another compelling reason to do business with CIRCA,” commented Richard Tilles, President of CIRCA. It is anticipated that Vadim Krivitsky will maintain his association with Hampton, working with CIRCA to further develop the auction business. Mr. Krivitsky commented, “CIRCA’s Global reach and multiple buying locations will provide new and exciting product to the Hampton auction site, giving Hampton’s customers a broader array of fine jewelry and luxury watch products to choose from, which will lead to significant growth opportunities for Hampton and CIRCA.”
“The addition of the Hampton auction site to CIRCA’s business portfolio is a strategic move that will better position CIRCA for revenue growth and improved profitability in the next few years,” commented Laurence R. Grunstein, CIRCA CEO.
In addition to Hampton, CIRCA owns and operates PORTERO.com, a reseller of pre-owned luxury handbags, watches and jewelry. PORTERO was acquired by CIRCA in 2013.
Established in 2000, CIRCA is the leading international buyer of pre-owned jewelry, gemstones and watches with 13 offices worldwide including New York, Chicago, Beverly Hills, San Francisco, Washington D.C., Palm Beach, Barcelona and Hong Kong. CIRCA has redefined the experience of selling jewelry by combining renowned expertise and discreet service with immediate payment at the best value. For more information please visit www.circajewels.com