Watch data platform EveryWatch is acquiring WatchAuctionHQ.com, which bills itself as the world’s largest repository of watch auction records.
Terms of the transaction were not disclosed.
“Both companies share a common goal of providing unparalleled transparency and empowering collectors and industry professionals to make informed decisions,” said a statement.
Post-acquisition, Watch Auction HQ founder Marc Montagne (pictured) will become an adviser to Everywatch. A veteran of such brands as Jaeger-LeCoultre and Vacheron Constantin, Montagne hosts a podcast, has written a book, and developed an app for watch owners and collectors.
EveryWatch provides historical, current, and upcoming information from auctions, dealers, and marketplaces, helping consumers make educated decisions when considering a new watch purchase or sale, the statement said.
(Photo courtesy of EveryWatch)
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