HGBL
NASDAQ · Financial Services · Financial - Capital Markets · US
Heritage Global Inc. (NASDAQ:HGBL) is a San Diego-based asset services company that operates as both an adviser and principal in financial and industrial asset transactions. Founded in 1983 and originally incorporated as Counsel RB Capital Inc., the company changed its name to Heritage Global in August 2013 and went public in March 1993. The company specializes in identifying, valuing, acquiring, and monetizing tangible and intangible assets across two primary business divisions: Industrial Assets and Financial Assets. Heritage Global serves as a market maker in distressed and surplus assets, providing services ranging from asset auctions and valuations to specialty lending and brokerage of non-performing loan portfolios.