By CoinWeek September 13, 2017 Provident Metals, an industry-leading provider of international and domestic bullion and IRA-eligible precious metals, today announced their acquisition by a private investment group. The sale of Provident Metals, based in north Dallas, Texas, allows the company to further expand its online selection of high-quality bullion and numismatic coins for its customers around the globe. “A strategic partnership was formed with a private investment group to help Provident Metals broaden its offerings in the precious metals market,” said Joe Merrick, president of Provident Metals. “This acquisition will allow us to enhance our position further as the premier online destination for purchasing precious metals, while remaining focused on exceptional quality and service.” The private investment group will use Provident Metals’ existing high-end technology infrastructure to continue to offer the same exceptional service, incredible selection, and outstanding quality that customers around the globe have come to expect. The Company is redesigning and expanding its highly popular Prospector line and Egyptian God series, both expected to launch in the fourth quarter of 2017. Provident Metals, which will continue to operate under that name, has contracted with Dillon Gage Metals, one of the world’s largest precious metals wholesale firms, for their expertise in inventory management and fulfillment operations. This management agreement extends into 2022.
