Heritage Global Partners
Heritage Global Partners (HGP), part of Heritage Global Inc., auctions industrial and business assets across fields such as aerospace, aviation, biotech and pharmaceutical, medical, data center and IT, energy, metalworking, semiconductors and textiles, and also sells inventory and intellectual property. Sales are held online, on-site, by webcast and by sealed bid, and may be absolute (no reserve) or with reserve.
How buying works
- Business buyers only: HGP's general terms cover business use; consumer and personal-use purchases are not permitted.
- Registration: name, company, address, phone and email; online bidders add a Visa or MasterCard, and HGP may require a deposit or charge a registration fee. Bids are irrevocable.
- Buyer's premium: 19% of the winning bid unless a sale states otherwise.
- Payment: generally due within 48 hours of the close, preferably by wire; cashier's or certified checks and guaranteed corporate checks are also accepted.
- Removal: by the announced removal date, after full payment. HGP does not pack, ship or rig, and goods are sold as is, where is.
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Sources
Facts only, from the sources listed above. Always check each listing’s terms before you bid.
