Latest Case Studies
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Streamlining Multi-Location Liquidation of Concrete and Heavy Construction Assets
The project involved a combined sale of assets from various concrete supplier companies located in Southern California and Texas, with one of the companies closing its El Paso location due to bankruptcy. Our team was tasked with collaborating with the Chapter 7 Trustee to facilitate the sale of assets for a fee. The scope of the liquidation encompassed volumetric concrete trucks and heavy construction equipment, including …
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A Multi-Million Dollar, 2-Day Auction Event of Assets from Wockhardt, a Global Pharmaceutical and Biotechnology Company
Wockhardt is a global pharmaceutical and biotechnology company headquartered in Mumbai, India. They have several R&D and manufacturing facilities worldwide, including a 123,000 sq. ft facility in Morton Grove, IL, where they ceased operations. Assessment An initial valuation of this facility containing late model liquid processing and packaging equipment, as well as hundreds of pieces of lab and support equipment was…
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Asset Liquidation of Virgin Orbit’s Payload Processing Facility
Virgin Orbit, a prominent aerospace company, faced financial turmoil after a mission failure in January, leading to the cessation of operations and the eventual filing for Chapter 11 bankruptcy in April 2023. In response to the bankruptcy, Virgin Orbit sought an asset disposition solution that involved an outright purchase of the assets, including the machinery and equipment used in the manufacturing of rocket delivery sys…
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Navigating Logistical Complexities: A Successful Facility Liquidation of GT Technologies
In the face of a challenging project, our team embarked on a complex facility liquidation for a GT Technologies, a global company that was shutting down one of its sites. GT Technologies designs, develops and manufactures a complete line of valvetrain components and systems, precision machining, and stamping components for a wide variety of customers and applications. The assignment involved the relocation of select machin…
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Efficient Asset Liquidation of Black Star Auto Salon
Black Star, a distinguished auto salon specializing in exotic and luxury car services, located in Buffalo Grove, Illinois, faced asset liquidation needs as part of a widow’s estate following her husband’s passing. Integra swiftly and effectively undertook the task of managing the liquidation process, which encompassed a diverse range of automotive equipment and accessories, including body parts, exhausts, rims,…
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Liquidation of a High-Capacity Metal Stamping Facility Amid Ongoing Purchase Order Fulfillment Obligations
The liquidation of the Royal Development facility in High Point, North Carolina, presented several challenges for our on-site team. Although the company was shutting down this 185,000-sq. ft. facility it was also trying to fulfill remaining purchase orders. As a result, there was a large quantity of finished and raw material inventory spread throughout the buildings, which prolonged our efforts to prepare, organize, stage,…