Press Releases
Nov 30

Liquidity Services Expands Valuation Services in Europe, Partners with Krata

Global solution provider in the reverse supply chain enhances service
offering in Spain and Portugal

WASHINGTON–(BUSINESS WIRE)–Mar. 9, 2015–
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.

Source: Liquidity Services, Inc.

Liquidity Services, Inc.
Christine Cimino
PR Manager
202-467-4014
[email protected]