Heritage Global Inc.

## Heritage Global Inc. (HGBL)

Based in San Diego, California, Heritage Global operates as an asset services company specializing in the acquisition, valuation, and monetization of tangible assets across financial and industrial sectors. The company provides a range of services including market making, asset acquisitions, refurbishment, dispositions, valuations, and secured lending. It also advises on and brokers manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, and charged-off receivable portfolios, functioning as both principal and intermediary in these transactions.

The company organizes its operations across three primary segments: Auction and Liquidation, Refurbishment and Resale, and Brokerage. These divisions enable Heritage Global to identify, acquire, and liquidate assets while also managing the refurbishment and resale of equipment and inventory. The Brokerage segment facilitates transactions for clients seeking to buy or sell industrial assets and other tangible property.

With 86 full-time employees, Heritage Global operates primarily in the United States market. The company was incorporated in Florida and has maintained continuous operations since its founding in 1937, operating under its current name since 2013 following a rebranding from Counsel RB Capital Inc.