ROBBINS BROS. STORES SOLD TO AN AFFILIATE OF WESTON PRESIDIO; CALIFORNIA AND DALLAS, TEXAS STORES WILL CONTINUE TO OPERATE AS ROBBINS BROS. JEWELRY STORES
BOSTON, MA – Ten Robbins Bros. stores in the California and Dallas, Texas markets were sold to and are now being operated by an affiliate of Weston Presidio under the Robbins Bros. name and trademark, the “World’s Biggest Engagement Ring Store®.” In addition, Vancouver, Canada based Spence Diamonds, Inc. purchased three former Robbins Bros. locations in the Houston, TX market and will re-open these locations under the Spence Diamonds name. Consensus is pleased to announce that it served as financial advisor to the creditors committee in the Chapter 11 bankruptcy case of Robbins Bros. Corporation, the former owner and operator of the Robbins Bros. stores.
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About Consensus: Consensus Advisors is a boutique investment banking and financial advisory firm based in Boston. We focus on complex transactions for companies undergoing significant transformation of their business models. Our professionals have decades of relevant industry experience representing and advising companies, entrepreneurs, investors, creditors and lenders in financial and brand equity transactions. We have extensive relationships with multiple resources necessary to help companies at every stage of development including commercial banks, private equity, venture capital and hedge funds, factors, investors in distressed assets, and real property and equipment lessors. Consensus approaches each engagement with discipline, diligence and confidentiality. All of our senior professionals have extensive advisory backgrounds, as well as years of experience as senior executives or principals of one or more operating companies.
Capital raising activities are undertaken through Consensus Securities LLC, a member of the FINRA and the SIPC.
