Mergers and Acquisitions (M&A): Heritage Global Inc. (NASDAQ: HGBL) Acquires The Debt Exchange, Inc. (DebtX)
San Diego, California – Heritage Global Inc. has announced the acquisition of The Debt Exchange, Inc. (DebtX) (https://debtx.com/). According to the company announcement Heritage Global Inc. (NASDAQ: HGBL) is an asset services company that specializes in financial and industrial asset transactions, providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. The company plays a role in facilitating the circular economy by diverting useful industrial assets from landfills and ensures an ethical supply chain through its oversight of post-sale account activity for financial assets. Heritage Global operates through two primary business divisions: Industrial Assets and Financial Assets. Its specialties include acting as an advisor, acquiring, or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, and charged-off account receivable portfolios. Notably, Heritage Global Inc. recently expanded its Financial Assets division by acquiring The Debt Exchange, Inc. (DebtX), a leading loan-sale and valuation platform, for approximately $8.5 million. This acquisition, effective January 1, 2026, strengthens Heritage Global’s presence in the growing secondary loan market and enhances its capabilities across commercial, residential, and specialty-finance asset classes.
To learn more about Heritage Global Inc., visit https://hginc.com/
Company LinkedIn Page: https://www.linkedin.com/company/heritage-global-inc/
Company Contact:
Heritage Global Inc.
12625 High Bluff Drive Suite 305
San Diego, CA 92130
650-291-0824
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