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Envela Corporation

ELARetailIrving, United States

Envela Corporation, along with its subsidiaries, primarily engages in the acquisition and sale of precious metal products and fine jewelry. Its diverse clientele spans individual consumers, resellers, major corporations (including Fortune 500 companies), governmental entities, educational institutions, and various other organizations throughout the United States. The company's offerings include a wide array of upscale watches and jewelry pieces, such as bridal sets, contemporary fashion designs, custom-made items, diamonds, various gemstones, and essential watch and jewelry components. Additionally, Envela deals in an extensive range of precious metals like gold, silver, platinum, and palladium, available in forms such as U.S. and international government coins, privately minted medallions, decorative art bars, and standard trade bars. It also trades in numismatic collectibles, which encompass rare coins, paper currency, medals, tokens, and other historical artifacts. Furthermore, Envela provides repair services for both jewelry and timepieces. Beyond these traditional activities, Envela offers specialized services in electronics recycling for end-of-life devices, coupled with logistical support for disposal that includes transportation and tracking. Its IT asset disposition (ITAD) offerings cover compliance management and secure data sanitization. The firm also assists businesses with technology needs, providing support for software enhancements, upgrades to hardware and networking infrastructure, and transitions to cloud computing solutions. As of December 31, 2021, Envela Corporation distributed its products and services through seven physical retail locations – six operating as Dallas Gold & Silver Exchange and one as Charleston Gold & Diamond Exchange. These were supplemented by a suite of e-commerce platforms, namely cgdeinc.com, dgse.com, echoenvironmental.com, ITADUSA.com, availrecovery.com, and teladvance.com. Incorporated in 1965 and headquartered in Irving, Texas, the company adopted its current name, Envela Corporation, in December 2019, having previously been known as DGSE Companies, Inc.

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Envela Corporation at a glance

Envela Corporation is a retail company headquartered in Irving, United States. It is publicly listed (ELA) with a market capitalisation of $307.1M. Xcout tracks 8 named people at Envela Corporation, including John Richardson Loftus (Chairman, Chief Executive Officer & President).

Industry
Retail
Headquarters
Irving, United States
Market cap
$307.1M
Employees
309
Ticker
ELA

Envela Corporation leadership

  • John Richardson LoftusChairman, Chief Executive Officer & President
  • John DeLucaChief Financial Officer, Secretary & Treasurer
  • Joel S. FriedmanChief Information Officer
  • Alexandra C GriffinDirector
  • Allison M DeStefanoDirector
  • Bret Allen PedersenDirector

2 more named people on record for Envela Corporation, with roles, board committees and tenure — see the full roster →

Envela Corporation competitors

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More on Envela Corporation in Xcout Intel

  • 8 named people with titles, LinkedIn and board committees
  • 2 corporate events with sources — deals, leadership changes, layoffs
  • The full competitor set, tracking, exports and API access
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