Merrill Lynch & Co., Bear Stearns Cos. and Thomas Weisel Partners LLC managed the IPO, sharing fees of $5.4 million.

The company has since opened showrooms at shopping malls in White Plains NY, Tysons Corner VA, Salem NH, Tigard OR, and Bellevue WA

[12] Harvey was appointed as Blue Nile's CEO February 2012 and was at the helm of the company for 5 years before stepping down to give way to Jason Goldberg.

While CEO Kanter led the once publicly traded diamond company to be purchased by Bain Capital Private Equity and Bow Street LLC for $500 million.

[15] Goldberg departed Blue Nile in 2019 [16] while the interim position was held by Eric Anderson from Bain Capital Private Equity.

Before joining Blue Nile in 2019,[17] Sean served as Chief Executive Officer of A Place for Mom,[18] where he was responsible for overall brand management and business expansion.

Sean has led digital innovation and product management across leading online retail organizations including Expedia, Hotels.com and Starbucks.

[citation needed] Bain Capital Private Equity and Bow Street LLC acquired Blue Nile in February 2017, for $40.75 per share (approximately $500 million).