Connect with us

Headlines

Jeweler Sells His Store to Diamonds Direct … Here’s Why

He sees the firm as the “perfect partner.”

mm

Published

on

Diamonds Direct, a growing national chain based in Charlotte, NC, has bought Dallas-based jewelry store Diamond Doctor.

Diamond Doctor owner David Blank said he decided to sell to Diamonds Direct because the company was a perfect cultural fit, the Dallas Morning News reports. He said he’s turned down many offers from other companies in the past.

“The great thing about this company that pushed me over the edge was a shared value system,” Blank said. “They’re extremely philanthropic. They’re going to step into my shoes with all the charities.”

The store is the 10th location for Diamonds Direct, which was bought by private equity firm Blackstone (NYSE: BX) a year ago.

Blank plans to continue working at the store for two years of more, according to the Dallas Morning News.

Blank wrote on Diamond Doctor’s website that Diamonds Direct is “the perfect partner to take our retail operations to the next level.”

Advertisement

“My team and I are excited to join forces with the Diamonds Direct family to continue to provide the customer service and personal touch you’ve come to expect from us, complemented by Diamonds Direct’s tremendous diamond buying resources and signature guarantees and warranties,” he said.


Read more at the Dallas Morning News

Continue Reading
Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Retirement Made Easy with Wilkerson

The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.”

Promoted Headlines

Most Popular