Post 200: Top D.C.-Area Businesses

Liquidity Services Inc. / LQDT

About Liquidity Services Inc.

1920 L St. NW, Sixth Floor, Washington, D.C. 20036
www.liquidityservicesinc.com | 202-467-6868 | Founded: 1999

Industry: Financial Services | Category: Top 100 Companies

Liquidity Services sells unsold or unused surplus inventory for businesses and government agencies. Retailers, for example, ship their unwanted merchandise to one of the company's six distribution centers across the country as frequently as once a week. The company then inspects and sorts the goods before holding a private online auction for interested buyers, typically small businesses. Last year, it acquired GovDeals, an auction marketplace that gives it 1,400 new municipal and state agency clients.

2007 Financial Data

Total employees: 589 | Local employees: 91

Company Leadership

William P. Angrick III Co-Founder, Chairman and Chief Executive Officer
Phillip A. Clough Director
F. David Fowler Director
Patrick W. Gross Director
Franklin D. Kramer Director
Jaime Mateus-Tique Co-Founder, President, Chief Operating Officer and Director

Source: Compensation data provided by Equilar, Inc..

Did You Know

OUT TO PASTURE: Two years ago, as part of a contract to sell military surplus, Liquidity Services had to find good homes for Rojo and Ninety-Nine, 10-year-old quarter horses who were retiring from their jobs as ceremonial mounts in the 1st Cavalry Division at Fort Hood in Texas.

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