Founded in 1999 as Liquidation.com, Liquidity Services was built upon the idea that technology, efficiency, and client partnerships could revolutionize the fragmented reverse supply chain. For years, liquidators dominated the secondary market with a “buy low; sell high” mentality, creating an adversarial relationship with sellers. Meanwhile, sellers approached their surplus inventory as an afterthought and missed the full potential of their excess inventory. To solve this problem, Liquidity Services built a B2B online platform to empower sellers – initially within the retail industry – to target and reach buyers. This online marketplace, called Liquidation.com, was one of the first professional B2B online auction marketplaces that connected sellers to buyers in a transparent and effective way. The site helped buyers across the world source bulk lots of surplus merchandise from major retailers through competitive online auctions, while sellers successfully maximized value for their overstock inventory and consumer returns.

In 2001, Liquidity Services further expanded its services offering through a large contract with the United States Department of Defense and the Defense Logistics Agency (DLA) to sell its usable military surplus property. Following the contract win, Liquidity Services updated its processes, enabling more rapid movement of surplus through its marketplaces to improve recovery on behalf of its sellers in both the retail and government industries.

Profitability was achieved in 2002 when the company reached $72 million in annual sales.

Liquidity Services was founded on a set of Core Values and the belief that there is a better way forward in the trillion dollar reverse supply chain industry – a way to transform surplus from a burden into a value-added opportunity.

Every organization has surplus: idle or used equipment, returned goods, and excess inventory no longer needed. With superior service, comprehensive solutions, and proven strategies, we transform your surplus into liquid opportunity. Your reverse supply chain becomes a high-performing function that generates maximum value and fuels achievement of your strategic goals. Our consultative surplus asset management, valuation, and sales solutions are specialized by industry vertical and asset category.