Jewelers Mutual acquires business operations of TransGuardian
“The needs of the jewelry industry will continue to change," said Scott Murphy, president and CEO of Jewelers Mutual.
Jewelers Mutual Group has purchased the assets of TransGuardian Inc., a shipping logistics software company. Jewelers Mutual partnered with TransGuardian in 2017 to present JM Shipping Solution, a cost-effective and safe way to ship jewelry that allows the user to take advantage of exclusive discounts, insurance options for their packages and more.
“Jewelers Mutual is dedicated to providing value to our jewelers, and offering a shipping solution is another way to do so,” Scott Murphy, president and CEO of Jewelers Mutual, said in a statement. “With this acquisition, we take a major step forward by combining an industry-leading solution with our talent and resources to create a holistic shipping solution for the entire industry.”
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A diamond in the rough
As part of Jewelers Mutual, the former TransGuardian business and team will continue to serve enrollees of the JM Shipping Solution, as well as their current customer base. All current TransGuardian employees are being welcomed onto the Jewelers Mutual team.
“The needs of the jewelry industry will continue to change. Jewelers Mutual is committed to navigating those changes to continue to provide solutions that raise the tide of the entire industry,” added Murphy.