Adornis.com
Encyclopedia
Adornis.com was an online jewelry retailer created during the 90's dot-com boom that later collapsed.
in 1999, part of the dot-com boom of the 90's. The company was funded through Ganley's private equity firm, the Ganley Group, with $30m in equity funding, $30m in debt financing and a personal investment by Ganley of $5.5m. The French investments firm Richemont Investments SA, (a division of Compagnie Financiere Richemont AG) paid approx $5m to own 20% and the Irish internet firm Nua Internet Services owned 10%. Ganley owned around 40%, with the remainder owned by three American hedge funds.
Origin
Adornis.com, Inc. was an online jewelry retailer launched by Irish entrepreneur Declan GanleyDeclan Ganley
Declan James Ganley is a British-born Irish citizen, entrepreneur, businessman and political activist. He is founder and chairman of a political party, Libertas with pan-European ambitions...
in 1999, part of the dot-com boom of the 90's. The company was funded through Ganley's private equity firm, the Ganley Group, with $30m in equity funding, $30m in debt financing and a personal investment by Ganley of $5.5m. The French investments firm Richemont Investments SA, (a division of Compagnie Financiere Richemont AG) paid approx $5m to own 20% and the Irish internet firm Nua Internet Services owned 10%. Ganley owned around 40%, with the remainder owned by three American hedge funds.