Heritage Global Partners to Manage Global Online Auction of Seven Stone Surface Fabrication, Inc. Assets
Auction Features Large Quantities of Valuable Stone Inventory, Fabrication Equipment, Facility Support, Production Tooling and more
Heritage Global Partners, a worldwide leader in asset advisory and auction services and a subsidiary of Heritage Global Inc., today announced it will manage an upcoming global online auction featuring all assets of Seven Stone Surface Fabrication Inc., the largest provider of countertop sourcing, fabrication and installation services to homeowners, contractors and builders in the southeast United States. The sale will begin September 19, 2016, on the condition that a well-capitalized going concern buyer or buyers is not identified by Heritage Equity Partners, HGI’s premier M&A advisory and investment banking services division, prior to the anticipated auction date.
The auction will be conducted exclusively online and includes high-quality assets from all five Seven Stone operating locations including:
- Stone countertop fabrication and installation equipment
- Large quantity of stone slabs / raw material inventory including granite, marble, quartz, etc. (Note: HGP is taking immediate offers for inventory)
- CNC waterjet systems and edge finishers
- Twin and single table routers
- Programmable bridge saws with pneumatic tables
- Chevy, Ford, Isuzu and Mitsubishi trucks and trailers
- General facility support
Site #1 Nashville, TN Lots expire 9/20
Site #2 Greenville, SC Lots expire 9/20
Site #3 Charlotte, SC Lots expire 9/21
Site # 4 Winston-Salem, NC Lots expire 9/21
Site #5 Atlanta, GA Lots expire 9/22
A public preview will be held on September 19 at all locations from 9:00 am – 4:00 pm ET. Auction registration and a complete sale catalog are available at www.hgpauction.com.
“Our upcoming auction presents a tremendous opportunity for bidders to acquire large quantities of stone countertop fabrication and installation equipment, stone inventory, facility support and production tooling from five well-equipped locations,” stated Ty Lindley.
HEP continues to solicit bids to acquire Seven Stone’s entire operations or select individual locations. Additional information is available at www.equitypartnershg.com.
About Heritage Global Partners
Heritage Global Partners is a leading, full service, global auction and asset advisory firm. Our managing partners, Ross and Kirk Dove*, bring over a half century of worldwide experience and expertise in virtually every industrial sector and geography. Together they have conducted over 4,000 industrial auctions, spanning 30 countries. As industry pioneers, they have developed asset recovery programs that have been embraced by many of the world’s biggest companies as listed by Forbes Magazine: The Global 2000.
For more information on Heritage Global Partners, visit www.hgpauction.com.
*Heritage Global Partners is not affiliated with DoveBid, Inc. or GoIndustry DoveBid PLC. DOVEBID is a registered trademark of DoveBid, Inc.
