RDI Diamonds CEO Michael Indelicato Creates MDJ Advantage

(IDEX Online) – RDI Diamonds CEO Michael Indelicato has partnered with two other industry figures to create an additional company, MDJ Advantage.

The three industry leaders have a combined 100 years in the industry, with Michael Indelicato (above left), Dominic Mainella (center) and Jeffrey Sadowsky (right), partnering to form MDJ Advantage. "They have developed an organization of buying and selling at a great value with immediate delivery to offer retailers, jewelry opportunities at prices they can't refuse," the firm said in a statement.

The firm will buy inventory including:

•           Antique & Estate

•           Closeouts

•           Overruns

•           Estate Liquidations

•           Manufacturer Surplus

•           Bankruptcy Trust

"In addition to his role as President and CEO of RDI Diamonds in New York, Indelicato is also a participating investor in MDJ Advantage to bring his experience, processes, ideas, and vision."

“I have seen a lot of changes in this industry in a very short time and I have no doubt that MDJ Advantage, and more specifically Mainella and Sadowsky, will continue to make their mark and become the independent jewelers secret buying weapon,” said Indelicato, “The three of us coming together created the perfect storm of personalities and skill sets designed for success.”

Dominic Mainella has had a 28-year successful career in the diamond and jewelry industry as a business owner, founder, national sales director and vice president, according to the statement.

“Our vision and passion has always been to help jewelers generate more sales, give them the ability to offer an exquisite and unique collection of jewelry, and help match each piece to the buyer,” said Mainella. “Our reputation and vision have given us a distinct and discreet network of relationships. We want to use those relationships in conjunction with our knowledge to your benefit.”

Jeffrey Sadowsky has been in the industry for 50 years as president, vice president, general manager, director of acquisitions and now founder. “No one can be all things to all people but at MDJ we have created essentially a one-stop shop for the retail jeweler,” says Sadowsky, “Offering a myriad of styles, brands, estate and antique pieces from overrun stocks to bankruptcy liquidations to private estates. We want to be the jewelers secret buying weapon.”