HERITAGE GLOBAL (HGBL)

Its industrial asset operations include auctions, liquidations, appraisals, and advisory services for machinery, equipment, manufacturing plants, and related commercial assets. Heritage Global works with companies that are closing facilities, restructuring operations, downsizing, or selling specialized production equipment. The company also participates directly in certain transactions by acquiring assets for resale. Through its refurbishment and resale activities, it sources and upgrades specialized laboratory and scientific equipment for customers that need high-value instruments at a lower cost than buying new.

Heritage Global also has a financial assets business. Its brokerage activities, including the NLEX platform, connect sellers and buyers of charged-off receivables and other debt portfolios, primarily in the United States and Canada. In addition, its specialty lending unit provides financing to investors that purchase charged-off or nonperforming asset portfolios.

The company’s distinctive position comes from combining asset valuation expertise with transaction execution and capital solutions. HGBL is tied to corporate restructuring activity, equipment resale demand, credit portfolio sales, and investor appetite for distressed or nonperforming assets, making it different from a conventional industrial services or financial company.