Francisco Partners Plugs $140M Into Online Diamond Retailer
Law360, New York (April 7, 2017, 12:19 PM EDT) -- Technology-focused private equity shop Francisco Partners has agreed to inject $140 million into R2Net, an online retailer of engagement rings and loose diamonds that is intent on disrupting the traditionally brick-and-mortar industry, the companies said Friday.
The growth equity investment will assist with R2Net’s expansion plans, according to a statement. R2Net owns JamesAllen.com, a website the company says has tripled in size over the past two years thanks to a multitude of factors, including its simplicity, diamond selection and pricing transparency, as well an “innovative virtual showroom” that allows users to see all sides of a diamond and design or customize...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!