HGBL - Mergers and acquisitions

Expands Financial Assets division with acquisition of a leading loan-sale and valuation platform Heritage Global Inc. (NASDAQ:HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and industrial asset transactions, today announced that a wholly owned subsidiary of the Company, Heritage DebtX LLC ("Heritage DebtX"), has acquired substantially all of the assets of The Debt Exchange, Inc. ("DebtX"), in an all-cash transaction valued at approximately $8.5 million. DebtX is a leading full-service loan sale advisor with a more than 20-year history of selling performing and non-performing commercial and industrial, commercial real estate, multifami

75,000 square foot, state-of-the-art and well-equipped solid dose and liquid pharmaceutical facility in Fenton, Missouri Heritage Global Partners ("HGP"), a subsidiary of Heritage Global Inc. (NASDAQ:HGBL), and a worldwide leader in asset advisory and auction services, in partnership with New Mill Capital, Federal Equipment Company and Keith Machinery Corp., announced today that it has acquired a state-of-the-art pharmaceutical plant in Fenton Missouri, formerly owned by Alkem Laboratories. The joint venture plans to find a pharmaceutical user-operator to continue operations at the site and take advantage of the plug and play nature of the offering. The facility was designed to manufact

Strengthens position in critical industrial sector through the acquisition of a leading reseller of lab equipment assets Heritage Global Partners ("HGP"), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ:HGBL) today announced that it has, through an affiliate, acquired substantially all of the assets of American Laboratory Trading ("ALT"), one of the largest suppliers of premium refurbished lab equipment in North America and a key provider of surplus asset services for the life sciences. HGP also acquired the building and property at 12 Colton Road in East Lyme, Connecticut that ALT currently occupies. ALT's headquarters and operat