Company of the Month: Liquidity Services, Inc.

If you’re a business looking to maximize the value of your underutilized, obsolete, or surplus inventory, then Liquidity Services, Inc. (LQDT) is ready and able to help you out. Founded in 1999, Liquidity Services, Inc. has created the largest global online marketplace for surplus assets. This allows them to connect leading global enterprises and over 5000 government agencies with more than 2.2 million registered buyers. Now operating in over 25 countries worldwide, the unique combination of Liquidity Services, Inc. online marketplace and award-winning services helped them earn more than $475 million in revenue during 2012. In addition to being a five-time recipient of the Vendor Excellence Award given out by the Defense Logistics Agency, Liquidity Services, Inc. was also listed at #35 on Forbes’ 2012 list of best-performing companies with less than $1 billion in revenue. There are a number of factors that have contributed to Liquidity Services, Inc.’s sustained success, but one of the main ones has been its strong, stable leadership. Co-founder, CEO, and Chairman of the Board William P. Angrick, III recently took some time to talk with the National Center for the Middle Market about his organization’s growth and other key topics.

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