Liquidity Services, Inc. is an established American online marketplace and auction platform that specializes in surplus and wholesale business assets. Headquartered in Bethesda, Maryland, the company was founded in 1999 and has become a prominent player in the world of reverse supply chain management, enabling businesses, government agencies, and commercial enterprises to manage and sell their surplus or unwanted assets efficiently.
One of the key strengths of Liquidity Services is its wide-ranging product and asset categories. The company's marketplace covers a diverse array of industries, including automotive, consumer electronics, industrial equipment, medical equipment, and more. This broad product offering makes it a valuable resource for organizations looking to recover value from their surplus assets or find cost-effective equipment.
The company operates several online marketplaces, each tailored to different asset categories and industries. GovDeals, one of Liquidity Services' marketplaces, specializes in serving government agencies, while Liquidation.com caters to business and wholesale customers. These platforms provide a convenient and transparent means for sellers to list and auction surplus assets, and for buyers to bid and purchase the assets they need.
Liquidity Services also places a strong emphasis on sustainable asset management. By assisting organizations in finding new homes for their surplus assets, the company supports the principles of recycling and repurposing. This approach aligns with sustainability initiatives and environmental goals, reducing the amount of waste and promoting a circular economy.
The company's commitment to customer service is evident in its support for sellers throughout the asset disposition process. Liquidity Services offers services like asset valuation, logistics, and data analytics, helping organizations make informed decisions and maximize the value of their surplus assets.