Mergers & Acquisitions ·
Liquidity Services completes $80M acquisition of Auction Holdings, operator of Invaluable and AuctionZip platforms
LQDTLiquidity Services Inc
Liquidity Services completed its acquisition of Auction Holdings, Inc., which operates the Invaluable and AuctionZip online marketplace platforms serving auction houses and collectors in the fine art, antiques, jewelry, decorative arts, and estate markets. The transaction was consummated on October 1, 2026, for a base purchase price of $80 million in cash, funded with existing cash reserves. Of this amount, $9.4 million was placed into escrow to cover indemnification obligations and potential downward purchase-price adjustments, with scheduled releases at the 12-month and three-year anniversaries post-closing. The acquisition is expected to be accretive to GAAP and Non-GAAP Adjusted Diluted EPS in fiscal year 2027. Liquidity Services operates as a global provider of e-commerce marketplace solutions that power the circular economy.