Bonhams purchased Butterfields, a leading auction house on the West Coast founded in 1865. Bonhams changed Butterfields' name to Bonhams & Butterfields, and Malcolm Barber, formerly of Brooks, became the chief executive officer of the American subsidiary. Bonhams remained the company's brand name outside of the United States. By the end of 2003 Bonhams was conducting more than 700 annual sales with revenues of $304 million. The company's worldwide network of sales included two major London venues, nine additional UK locations, and salerooms in Switzerland, Monaco, Germany, Los Angeles, San Francisco and Sydney. Bonhams & Butterfields conducted its first East Coast sale in 2003 with an auction of Edwin C. Jameson's collection of classic cars and antiques in Massachusetts. During 2005, Bonhams continued to expand its presence in the US and acquired a new saleroom on Madison Avenue in New York. The company also expanded further in Europe with the opening of the Paris office in June 2005. In October 2005, Bonhams gained full independence after buying back a 49.9% stake held by French luxury goods conglomerate LVMH. As part of a phased programme of international expansion, Bonhams opened an office in Hong Kong in 2007. Seven years later, in 2014, it established an East Asian HQ and saleroom in Hong Kong in One Pacific Place. Bonhams East Asian and Southeast Asian network now also includes offices in Beijing, Taiwan and Singapore. In March 2008, Bonhams New York moved to new salerooms on the corner of 57th Street and Madison Avenue – formerly the home of the respected Dahesh Museum of Art. The inaugural sale featured 20th century furniture and decorative arts. In 2013, Bonhams opened its new headquarters at 101 New Bond Street, a state-of-the-art building, designed by Lifschutz Davidson Sandilands; and in 2015 it completed a seven-figure refurbishment of its Knightsbridge saleroom. In 2016, Bonhams held its first online-only auction. The sale – Watches and Wristwatches from the Collection of a European Nobleman – was 100 per cent sold. In September 2018, Bonhams was acquired by the UK-based private equity company, Epiris. In January 2022, Bonhams acquired the Nordic auction house Bukowskis for an undisclosed sum. in March 2022, Bonhams acquired the New England auction house Skinner Inc. for an undisclosed sum. The new company will be called Bonhams Skinner. Also in March 2022, Bonhams acquired the Danish auction house, Bruun Rasmussen for an undisclosed sum. Locations Bonhams