Heritage Global (NASDAQ:HGBL) operates as a global advisory and disposition firm specializing in the valuation, sale and auction of surplus and idle assets. Through its subsidiaries, Heritage Global Partners and Heritage Global Digital, the company delivers comprehensive end-to-end solutions, including asset appraisals, advisory services and multi-channel auction platforms. Its service offerings encompass industrial machinery and equipment, real estate, storage lockers and specialty assets, all designed to maximize recovery values for clients.
The company leverages both online and live in-person events to facilitate timely and transparent sales across diverse asset classes. Heritage Global’s digital platform supports cross-border bidding, detailed catalogs, condition reports and live-streamed auction events. On-site auctions are conducted at strategically located sale centers and partner venues, enabling efficient handling of large-scale industrial equipment, commercial real property and specialty liquidations.
Heritage Global serves a broad range of industries, including manufacturing, energy, aerospace & defense, automotive, retail, telecommunications and government sectors. Its client base comprises Fortune 500 corporations, financial institutions, insurers and government agencies seeking to optimize asset recoveries, streamline operations and manage surplus inventory through structured disposition strategies.
Headquartered in Irvine, California, Heritage Global maintains a network of regional offices and sale centers across North America, Europe, Latin America and the Asia-Pacific region. The company is led by President and Chief Executive Officer Jeanne M. Croteau, supported by a team of seasoned professionals with expertise in auction management, asset valuation and global logistics.
