Liquidity Services Inc. (LQDT) is a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus. The company’s headquarters is located in Bethesda, Maryland, USA. It transforms surplus assets from a burden into a liquid opportunity that fuels the achievement of strategic goals for the organizations in more than 500 product categories.
Leveraging innovative e-commerce marketplace platforms, deep data analytics, and multi-channel solution expertise, Liquidity Services has processed over $10 billion of surplus assets since its inception. These include a wide range of goods — from retail consumer goods to capital assets from various industries like manufacturing, technology, retail, healthcare, energy, defense, and government.
The company was launched in the late 1990s and went public in 2006, trading on the NASDAQ stock exchange under the symbol "LQDT". It operates various online auction marketplaces including Liquidation.com, GovDeals.com, Network International, Secondipity.com, and Machinio.com, each targeting different market segments.
Liquidation.com primarily supports Fortune 1000 retailers and manufacturers by selling surplus assets and overstock consumer goods. GovDeals.com supports state and local government agencies by selling their surplus and confiscated items.
Network International serves the Oil & Gas, Petrochemical, and Power industry by selling idle, excess and underutilized industrial assets. On the other hand, Secondipity.com serves consumers looking for bargains on returned and excess consumer electronics and home appliances. Finally, Machinio.com is a search engine platform to find used machinery and equipment.
Moreover, the company offers valuation services, handling and storage services, logistics and shipping services to support the disposition needs of its clients. The client base of LQDT is diversified and includes Fortune 1000 corporations, middle-market companies, wholesalers, retailers, asset lenders, and public sector agencies.
Liquidity Services Inc.'s vision is to deliver the world’s most desired and efficient reverse supply chain solution hence, they are dedicated to building a circular economy that generates value and reduces waste. They have facilitated more than 14,000 sellers and 3.6 million buyers in approximately 200 countries and territories worldwide. Over the years, the company has earned a reputation for delivering innovative solutions that drive sustainability and financial value for its clients.