After more than a decade of domestic growth, Liquidity Services expanded its international presence when it acquired GoIndustry DoveBid, a leading online marketplace for surplus commercial assets. Expanding into several new industries, Liquidity Services provided a streamlined solution to companies, regardless of the asset category or where they were located in the world. The company enhanced its growing record of market data on assets – from lab equipment for the biopharmaceutical sector and assembly equipment for the automotive industry, to big rigs for the trucking industry.
By 2017, the company surpassed $7 billion in total sales and had been named to Forbes Magazine List of Best Small-Cap Companies in America six times, The Washington Post Top 200 Companies seven times, as well as receiving multiple additional awards for its innovation, client success, growth, and sustainability efforts. The company also has over three million registered buyers from across the globe that leverage its marketplaces to find and buy assets and merchandise for their businesses.
The company has also successfully launched its integrated e-commerce platform, LiquidityOne, which integrates its multiple marketplaces and backend systems to increase efficiency for the company, its sellers, and its buyers.
In July 2018, Liquidity Services acquired Machinio, a leading global platform for used equipment listings, to expand the portfolio of solutions the company offers its base of commercial and government customers to monetize assets.