International Liquidation, Inc. has been Acquired by Ah-Tiem Holdings & Subsidiary, Inc.
AUSTIN, TEXAS (JULY 18, 2017) – Statesman Corporate Finance, LLC (“Statesman”) is pleased to announce that International Liquidation, Inc. has been acquired by Ah-Tiem Holdings & Subsidiary, Inc.
About the Transaction Participants
International Liquidation, Inc., established in 1993, is one of the nation’s largest and most respected wholesalers of closeout merchandise. The company’s focus is the acquisition of diverse inventories, made available due to overstocks, product line changes, cancelled orders, competitive buybacks, or irregulars/seconds. International Liquidation sells these products to a broad domestic and international customer base consisting of over 1,000 customers from deep discount chains, independent closeout stores, dollar stores, drug, grocery and sporting goods chains, and salvage retailers.
Ah-Tiem Holdings & Subsidiary, Inc. is a Texas-based private investment company focused on the acquisition of profitable businesses.
Statesman Corporate Finance, LLC advised International Liquidation, Inc. and is the FINRA licensed broker dealer affiliate of Statesman Business Advisors, LLC. With offices in Houston and Austin, Texas, Statesman is a leading middle-market investment banking firm providing merger and acquisition, capital formation, valuation and other general corporate financial advisory services to middle-market companies. The Statesman team advising on this engagement included Managing Director Lawrence (Larry) Schumann.