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Private Equity

Liveauctioneers Receives Majority Investment From Private Equity Firm Cove Hill Partners

by vcaonline.com posted 4months ago 28 views
Long-term capital commitment will enable LiveAuctioneers to accelerate investments in innovation to reach new bidder audiences and expand technology solutions for sellers NEW YORK and BOSTON, May 22, 2019-- LiveAuctioneers, a leading online live-auction source for fine and decorative art, antiques, jewelry and vintage collectibles, has received a strategic investment from Cove Hill Partners, a long-term-oriented private equity firm that manages over $1 billion from its investors and founders. The transaction was finalized this month, according to LiveAuctioneers Executive Chairman Jason Finger, and makes Cove Hill the majority owner of the company.

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