Middle West Partners, a Boston-based investment firm, has acquired David Webb, the noted American jewelry house known for its bold animal motifs and vibrant gemstones.
Terms of the deal remain undisclosed, but POP Capital joined as co-investor. Previous owner Mark Emanuel retains a stake in the business.
James Weiss, former Bain & Company principal and Palantir executive, will now take over as CEO. A longtime admirer of the brand, Weiss described David Webb as “spiritually wonderful” and praised its vertical integration and deep connection to its archives and workshop.
Weiss, who began his career as a pianist and conductor, sees parallels in leading a jewelry house: “You have to be able to add value from a strategic and support perspective,” he says. “My job is to help create a foundation and strategic vision for growth.”
He emphasizes that there are no plans to rapidly scale the brand. “This isn’t a house that will open 100 new stores tomorrow,” he says. “Luxury grows through relationships. It must feel authentic.”
Middle West, he adds, is a patient owner, which is essential for nurturing a high-luxury brand. “When you’re talking about luxury, the time horizon is long. They saw the same things I did—it’s important to protect and foster this kind of house.”
POP Capital’s Ray Simpson, formerly of Harry Winston, will also join the David Webb board.
The brand currently operates three retail salons—New York, Beverly Hills, and Doha—while its flagship, archives, and workshop remain on Madison Avenue in NYC.
Founded in 1948 by David Webb, the house remains iconic for its craftsmanship, goldwork, and legacy as a cornerstone of American high jewelry.
Top: A David Webb necklace (photo courtesy of David Webb)