Heritage Global Inc. Announces Promotion of Michael Goldstein to Executive Managing Director, Head of Heritage Global Valuations
August 31, 2020 at 09:15 am
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Heritage Global Inc. announced that Michael Goldstein has been promoted to Executive Managing Director, Head of Heritage Global Valuations, a division of Heritage Global Partners and a leading asset liquidation and appraisal firm. The promotion of Goldstein reflects Heritage Global’s expanding scale and strategy of appointing proven leaders in the asset liquidation, valuation and advisory services business. Goldstein will oversee the growth and development of HGV’s value-driven corporate and financial asset solutions platform, with an ongoing focus on expanding the current client base while continuing to provide best-in-class customer service. Goldstein co-founded HGV in 2011 and has more than 25 years of experience performing and overseeing valuations of industrial, wholesale and retail inventories across a variety of industries in addition to business development responsibilities. Before joining HGV, he was in charge of new business efforts for a nationally recognized asset appraisal and liquidation firm and managed a team of inventory appraisers. Prior to that, Goldstein helped manage the inventory appraisal team of a prominent Northeast asset valuation and liquidation practice based in New York. He is active with the Secured Finance Network, Turnaround Management Association and Association for Corporate Growth, as well as other financial associations.
Heritage Global Inc. is an asset services company specializing in financial and industrial asset transactions. The Company provides a full suite of services, including market making, acquisitions, refurbishment, dispositions, valuations and secured lending. The Company segments include Industrial Assets Division and Financial Assets Division. Industrial Assets Division includes Auction and Liquidation, which operates a global full-service auction, appraisal and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment, and Refurbishment & Resale, which acquire, refurbish and supply specialized laboratory equipment. Financial Assets Division includes Brokerage, which charges-off receivables in the United States and Canada on behalf of lenders including banks, mortgage companies, and auto and alternative lending sources, and Specialty Lending, which provides specialty financing solutions to investors.