Bill Angrick- August 13, 2013
Knowing the value of an asset or business is critical to making smart decisions. Yet the absence of real- time market data makes this a difficult exercise. Liquidity Services’ valuations team leverages data from our over $4 Billion of completed transactions to provide clients with asset intelligence and current valuation data to drive their strategies.
Whether it’s harnessing timely data on the market value of operating assets or unique plant equipment, or evaluating the comparative information of unique assets, such as niche manufacturing equipment or even a chain of retail stores; the top, global Fortune 1000 clients rely on this information to make more informed decisions about the financing, redeployment, or sale of their assets. In one case, an automotive supplier needed to conduct an annual assessment of the value of its assets and was reliant on the data from Liquidity Services to determine the approximate value of 5,000,000 square feet of business. Thanks to the comprehensive solution, in a short span of six weeks, the manufacturer’s management team was able to demonstrate yearly trends in the value of their assets.
With a continuous record of success with clients, including this automotive supplier, Europe-based ACQ Magazine named Liquidity Services’ GoIndustry DoveBid marketplace as Asset Appraiser of the Year. Since 2005, the ACQ Global Awards have annually recognized benchmarks of achievement and best practices in a variety of fields through an independent nomination and election process by its business readership. Additionally, our valuation team’s work providing valuations to leading corporations and financial institutions has also resulted in recognition as Asset Appraisal Firm of the Year in both the Finance Monthly Global Awards 2013 and the Deal Makers Monthly Magazine Country Awards 2013.