Home Real Estate Liquidity Services Acquires Bid4Assets, a Leading Online Marketplace for Government Real Estate

Liquidity Services Acquires Bid4Assets, a Leading Online Marketplace for Government Real Estate

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Acquisition strengthens and accelerates the company’s position as the leading online platform for the government sale of real estate, an estimated multi-billion dollar market

BETHESDA, Md., Nov. 01, 2021 (GLOBE NEWSWIRE) — Liquidity Services, Inc. (NASDAQ:LQDT), the world’s 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 sheriff’s 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 of real property to provide sellers and buyers enhanced transparency, convenience and…

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