London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.
Barton Clay Fine Jewelers Names New President
Jewelry industry veteran David Norman stepped into the role earlier this month.

Birmingham, Ala.—Barton Clay Fine Jewelers has named industry veteran David Norman its new president.
Norman brings more than 45 years of experience in the retail jewelry industry to his new position at the Birmingham, Alabama-based jeweler.
He later served in the same role at Reeds Jewelers, then as the president of Schwarzschild Jewelers, an independent jeweler in Richmond, Virginia.
He also developed a Hispanic division for Crescent Jewelers in Oakland, California.
“We’re thrilled that David Norman has agreed to join Barton Clay as president,” CEO Eric C. McClain said.
“We originally brought him in as a consultant and found his advice invaluable. His varied experience in the jewelry industry—from merchandising to marketing to e-commerce—will be instrumental in guiding our firm into the future.”
Norman, who stepped in on Oct. 2, said he’s excited to be back in retail.
“As I’ve gotten to know the McClains and Birmingham, I realized just how much I missed that day-to-day engagement that’s part and parcel of managing an independent fine jeweler.”
The family-owned jeweler was founded in 1987 and features a full-service jeweler as well as appraisal services, custom design, engravings, and repairs.
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