RKCA facilitated Quality Gold, Inc.’s (“QG”) successful acquisition of HERCO Jewelry Company (“HERCO”) a leading family-owned wholesale jewelry company specializing in higher-end designed. The acquisition was completed in January 2023.
Established in 1979 by the Itelman family, HERCO has been successfully distributing its jewelry offerings through a large, diverse client base across the United States. Based in California, this longstanding company generated more than $25 million in revenues in its fiscal year ended December 31, 2022. HERCO has demonstrated its ability to deliver a superior product portfolio, with a comprehensive range of prices servicing a wide range of end-consumers through luxury independent retail establishments.
Founded in 1979, Quality Gold, Inc. is a global company headquartered in Fairfield, Ohio, and operates within the United Sates, Canada, and India. QG offers more than 165,000 jewelry and gift products that are available to ship same day. Quality Gold actively serves more than 15,000 retailers across the United States, its territories, and Canada. QG’s business has been built on a a commitment to provide the largest selection of products, the best service, and the best value to its customers.