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Heritage Global Inc. (NASDAQ: HGBL) Featured in Coverage of The MicroCap Rodeo’s 3rd Annual Winter Wonderful and Best Ideas Investor Conference
February 16, 2023

Heritage Global Inc. (NASDAQ: HGBL) Featured in Coverage of The MicroCap Rodeo’s 3rd Annual Winter Wonderful and Best Ideas Investor Conference

Heritage Global (NASDAQ: HGBL) (“HG”) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. HG is headquartered in San Diego and run by its founder and third generation auctioneer, Ross Dove.

Heritage Global has two business units: Financial Assets & Industrial Assets

  • Industrial Assets provides full-service auction, liquidation, valuation, advisory, recovery, refurbishment and resale of assets. The division operates in 25+ industrial sectors, globally and conducts 150-200 auctions annually for brands such as Pfizer and Halliburton among many others. The Industrial Asset business benefits from Merger & Acquisition activity which creates surplus assets as well as Bankruptcies which generate distressed assets.
  • Financial Assets provides liquidation and lending services for charged-off financial assets with services that allow lenders to monetize distressed financial assets on their balance sheet and buyers to finance asset portfolios before collection. This business unit benefits from economic developments such as the cessation of stimulus checks; high volumes of Buy Now Pay Later (“BNPL”) loans in recent years, and rising credit card balances and defaults.

Heritage Global is positioned to grow in all economic cycles and is seeing increased opportunities as the current industrial manufacturing landscape drives increased demand for the responsible disposal of surplus assets.  Additionally, rising consumer spending and accelerating defaults and charge-offs are increasing the available volume of financial assets to sell. For more information, visit the company’s website at https://hginc.com/.

To register for the conference, visit https://microcaprodeo.com/signup

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