Circa Acquires Online Auction House

Circa Acquires Online Auction House

New York–Pre-owned fine jewelry and watch buying company Circa has announced its acquisition of Hampton Estate Auction.

Hampton Estate Auction is a 3-year-old online auction house specializing in fine jewelry, watches, coins and silver.

Circa president Richard Tilles said, “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.”

Hampton previously was owned by Vadim Krivitsky. Krivitsky will continue to have a role at Hampton under Circa’s ownership.

“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,” Krivitsky said.

This isn’t Circa’s first venture into online sales. The international buyer, which has offices in 13 cities worldwide, acquired Portero in 2013. Portero is an online luxury re-seller of handbags, jewelry and watches.

“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,” said CEO Laurence R. Grunstein.

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