Welcome to our dedicated page for Heritage Global news (Ticker: HGBL), a resource for investors and traders seeking the latest updates and insights on Heritage Global stock.
Heritage Global Inc. (NASDAQ: HGBL) is an asset services company specializing in financial and industrial asset transactions. Its news flow reflects activity across both of its main divisions, Industrial Assets and Financial Assets, and offers insight into auctions, acquisitions, portfolio transactions, and corporate developments.
On the industrial side, news often highlights the work of Heritage Global Partners (HGP), a subsidiary that conducts full-service auctions, liquidations, and asset advisory projects. Recent announcements have covered court-ordered auctions of brewing and restaurant equipment from multiple former brewpub locations, large-scale sales of apparel inventory and industrial laundry equipment from a clothing logistics company, and auctions of brand-new and returned inventory from a maternity apparel brand. These stories illustrate HGP’s role in court-appointed processes and in monetizing specialized equipment and inventories across many sectors.
On the financial side, Heritage Global’s news includes updates from its Financial Assets division, such as the creation of Heritage DebtX LLC and its acquisition of substantially all of the assets of The Debt Exchange, Inc. (DebtX), a full-service loan sale advisor. Coverage of this transaction explains how Heritage DebtX adds loan-portfolio advisory and valuation services, proprietary market-transaction data, and execution support for banks, specialty-finance companies, government agencies, and institutional investors.
Investors and other readers can also find regular earnings releases, which discuss quarterly results, non-GAAP measures like EBITDA and Adjusted EBITDA, capital allocation decisions such as share repurchases, and commentary on auction volumes and financial asset activity. For those tracking HGBL, this news page provides a centralized view of operational milestones, court-approved auction mandates, and strategic moves in both industrial and financial asset markets.
Heritage Global (NASDAQ: HGBL) reported 2025 revenue of $50.98 million, up about 12% from $45.36 million in 2024, with net income of $3.59 million ($0.10 diluted EPS). Adjusted EBITDA was $7.08 million.
Fourth-quarter revenue rose to $11.9 million, with Q4 net income of $0.3 million. The company announced the post-year-end acquisition of substantially all assets of The Debt Exchange (DebtX) to expand its financial assets platform.
Heritage Global Partners (NASDAQ: HGBL) opened a new 18,000-square-foot headquarters in San Diego on March 2, 2026, consolidating two prior sites into a single Sorrento Valley campus. Acquired in February 2025, the redesigned facility more than doubles combined office and warehouse space to support growth in BioPharma and Aerospace.
The site centralizes corporate and warehouse operations, houses the public parent’s headquarters, and was developed with Ware Malcomb, JLL, and Hyphn to increase operating efficiency and client service capacity.
Heritage Global Partners (NASDAQ: HGBL) and Prestige Auctions will hold a complete plant closure online auction for National Oilwell Varco’s Dayton facility on March 12, 2026 at 11:00 a.m. ET. Assets include late-model CNC machining, fabrication, inspection, finishing, tooling, forklifts, and plant support equipment.
Inspections are available March 11, 2026 or by appointment; pre-auction offers are being accepted on select major assets.
Heritage Global (NASDAQ: HGBL) will release fourth quarter and year‑end 2025 financial results after market close on Thursday, March 12, 2026. Management will host a webcast and conference call the same day at 5:00 p.m. ET to discuss results.
Analysts and investors can join via dial‑in or webcast; a replay will be available through March 26, 2026 with replay PIN 11161063.
Heritage Global (NASDAQ: HGBL) announced that its subsidiary Heritage DebtX LLC acquired substantially all assets of The Debt Exchange, Inc. (DebtX) in an all-cash transaction valued at approximately $8.5 million, contractually effective January 1, 2026.
The acquisition adds a 20+-year loan-sale and valuation platform, proprietary market-transaction data, and end-to-end loan-sale execution to Heritage Global’s Financial Assets division. Management said the deal is expected to be accretive in calendar 2026 with possible quarter-to-quarter variability.
Heritage Global Partners (NASDAQ: HGBL) was appointed by the U.S. Bankruptcy Court to auction brewing and restaurant equipment from nine former Iron Hill Brewery & Restaurant locations as part of the Chapter 7 case for Iron Hill Brewery LLC (D.N.J., Case No. 1:25-bk-20476).
Bidding opens Dec 2, 2025 at 7:00 a.m. ET and closes Dec 4, 2025 at 10:00 a.m. ET. Assets include multiple 10 & 15 BBL brewhouses, fermentation and horizontal tanks, commercial kitchen and bar equipment, and dining furnishings; real estate is excluded. Removal is scheduled Dec 8–19, 2025.
Heritage Global Partners (NASDAQ: HGBL) was appointed by the U.S. Bankruptcy Court (Case No. 1:25-bk-11516) to conduct a court-ordered online auction of more than $4 million of brand-new and returned inventory from Seraphine USA, Inc.
The auction is open for bidding now and concludes on December 10, 2025 at 11:00 AM ET. Inventory categories include underwear, activewear, dresses, tops, pants, jumpsuits, sweaters, coats, skirts, accessories, and more. Stock is stored in a U.S. distribution center and will be released after sale completion.
Heritage Global (NASDAQ: HGBL) reported third quarter 2025 results on November 6, 2025. Q3 operating income was $1.3M; net income was $0.6M or $0.02 diluted EPS. Q3 EBITDA was $1.421M and Adjusted EBITDA was $1.625M. For the nine months ended September 30, 2025, operating income was $4.936M, net income was $3.286M, EBITDA was $5.292M, and Adjusted EBITDA was $6.004M.
The company reported net working capital of $17.9M at September 30, 2025. Management noted transaction activity skewed to smaller auctions and said M&A is a focus going forward. A webcast and conference call were scheduled for November 6, 2025 at 5:00 p.m. ET.
Heritage Global (NASDAQ: HGBL) will release its third quarter 2025 financial results after the market close on Thursday, November 6, 2025. Management will host a webcast and conference call the same day at 5:00 p.m. ET to discuss results. Analysts and investors may join via domestic dial-in 1-800-274-8461, international dial-in 1-203-518-9814 (Conference ID: HGBLQ3), or the webcast link on the company Investor Relations website.
A live webcast is accessible from the IR site (arrive 10 minutes early to register). A replay will be available about three hours after the call ends through November 20, 2025 via replay dial-ins 1-844-512-2921 (domestic) and 1-412-317-6671 (international) using pin 11160164, and via the IR webcast replay.
Heritage Global Partners (NASDAQ: HGBL), a leading asset advisory and auction services company, has been appointed by the U.S. Bankruptcy Court for the District of Delaware to conduct an online auction of CaaStle, Inc.'s assets. The auction, scheduled for September 8-9, 2025, will feature commercial laundry equipment and premium branded clothing inventory.
The sale includes high-value assets such as Realstar dry cleaning systems, Wascomat commercial washing machines and dryers, Leonard steam tunnel systems, warehouse infrastructure, and premium apparel inventory from brands like Ralph Lauren, Ba&sh, Maje, Ann Taylor, and Banana Republic. The auction targets secondary market retailers, commercial laundry operators, 3PL/logistics providers, and apparel resellers.