Liquidity Services (NASDAQ:LQDT) announced the acquisition of Auction Software/Simple Auction Site to enhance its SaaS capabilities and expand its role in the Circular Economy marketplace. Over the past decade, Auction Software & Simple Auction Site have established themselves as trusted partners for businesses looking to implement forward, reverse, and hybrid online auctions by delivering innovative, private-label and SaaS auction websites.The transaction strengthens Liquidity Services’ penetration of the large and fragmented Circular Economy marketplace, extending its software development team’s capabilities and its ability to support entrepreneurs, small and medium sized businesses, and global F500 corporations through complimentary private-label and SaaS marketplace solutions.
Liquidity Services Acquires Auction Software