Liquidity Services Expands Valuation Services in Europe, Partners with Krata
By Business Wire News
By Business Wire News
Liquidity Services, Inc. a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, has teamed up with Valtecsa, a subsidiary of Krata, SA, an appraisals firm specializing in real estate in accordance with the ECO normative in Spain and Portugal.
“Our group has served the Spanish and Portuguese markets for more than 28 years, with a core competency in real estate valuations and consultancy,” said Iñigo Amiano, Chairman of Valtecsa and CEO of Krata. “We are excited to partner with Liquidity Services to align our expertise and resources and mutually grow our reach in Europe.”
Krata serves many of the top financial institutions in Spain and Portugal, as well as real estate developers, corporations, and government agencies. In addition to providing access to fixed and intangible assets valuation opportunities, this partnership will expand Liquidity Services’ office footprint in Spain from its current location in Barcelona, to also include Madrid, giving the Company a presence in its capital.
“We have found that there is a growing demand for real estate valuations and this partnership with Krata allows us to better serve clientele in Spain and Portugal,” said Mike Besecker, Senior Vice President of Global Sales for Liquidity Services’ Capital Assets Group. “Our deep network of European and global clients, expertise in valuation services for all asset categories from any location, and our data warehouse which informs accurate valuations, positions us as a clear leader in providing valuation services to organizations in Europe and beyond. This partnership will further strengthen our market leadership.”
In addition to its asset valuation and management services, Liquidity Services runs established online marketplaces for surplus, including GoIndustry DoveBid (http://www.go-dove.com), providing professional buyers with the opportunity to acquire quality used industrial manufacturing and plant support equipment from any location around the globe.
About Liquidity Services, Inc.
Liquidity Services, Inc. (NASDAQ: LQDT) provides leading corporations, public sector agencies, and buying customers the world’s most transparent, innovative, and effective online marketplaces and integrated services for surplus assets. On behalf of its clients, Liquidity Services has completed the sale of over $5.4 billion of surplus assets in over 500 product categories, including consumer goods, capital assets, and industrial equipment. The company is headquartered in Washington, D.C. with global locations across the Americas, Europe, and Asia. Additional information can be found at: http://www.liquidityservices.com.
Liquidity Services, Inc.