Liquidity Services (LQDT) Acquires Bid4Assets
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Liquidity Services Acquires Bid4Assets, a Leading Online Marketplace for Government Real Estate
November 1, 2021 5:15 PM EDTBETHESDA, Md., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT), the worlds largest e-commerce marketplace for business and government surplus, today announced it has acquired Bid4Assets, a leading online marketplace strategically focused on conducting real property auctions for the government, including tax foreclosure sales and sheriffs sales. The transaction accelerates Liquidity Services penetration of the large and fragmented municipal government real estate market and expands the size of Liquidity Services overall public sector market opportunity.
Founded in 1999, Bid4Assets, based in Silver Spring, MD, pioneered the first internet-based public auctions... More
