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Heritage Global Patents and Trademarks to Manage Sale of World Renowned British Wellington Rain Boot Company

SAN DIEGO, Dec. 5, 2017 /PRNewswire/ -- Heritage Global Patents and Trademarks ("HGPT"), a global leader in brokerage and advisory services for intangible assets and a division of Heritage Global Partners, Inc. ("HGP"), today announced that it will manage a sealed-bid auction of a world renowned British Wellington Rain Boot Company. The sale of the leading fashion-forward global boot brand will consist of all the assets of the company inclusive of its valuable trademarks, intellectual property, product formulations, manufacturing contracts, retail distribution and much more. The brand has merged fashion with the otherwise utilitarian nature of the Wellington Rain Boot market and offers a great opportunity for existing footwear companies and equestrian related companies to expand their stable of brands.

Interested global buyers can receive the confidential corporate information inclusive of the Company's brand name and descriptions of its intangible and tangible assets by executing the required non-disclosure agreement ("NDA"), which can be found on the Heritage Global website. The completed and scanned copy of the NDA should be emailed to Debbie Beal (dbeall@equitypartnershg.com).

Heritage Global is immediately accepting offers for the Wellington Rain Boot Company. All bids must be submitted in writing to HGPT by January 24, 2018. Please contact Doug Berman (186997@email4pr.com) of HGPT with questions, or for more information.

Global Sealed-Bid Auction of World Renowned British Wellington Rain Boot Company
Signed NDA Required for Access to Confidential Corporate Information
Bid Submission Deadline – January 24, 2018
http://www.hgpauction.com/auctions/92508/world-renowned-british-wellington-rain-boot-company/

"The Wellington Rain Boot Company auction is a rare opportunity for a footwear producer, venture capital investor or other strategic buyer to immediately access this market segment by acquiring a world-renowned shoe brand with valuable assets, including exclusive IP, trademarks and contracts," stated Ross Dove, CEO of Heritage Global Inc. (OTCQB: HGBL, CSE: HGP).

"The merger of fashion with function has positioned this brand for exponential market share growth in the hands of an acquirer ready to take this brand to the next level," stated Doug Berman, Director of HGPT. "This company has barely scratched the surface of its worldwide potential and will be a tremendously valuable brand addition to any buyer's product portfolio."

"The sealed-bid auction format provides a very straightforward and expedient sale process allowing all potential buyers to cut through the clutter of a typical negotiated sale and offer exactly the value to them. The "date-certain" component of the sale provides a definitive sale timeline, benefitting both buyers and sellers alike, and very effectively focusing the attention of the buying marketplace on the offering," Berman added.

Contacts:
Doug Berman
Heritage Global Patents & Trademarks
707-245-4417 or 186997@email4pr.com

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SOURCE Heritage Global Patents & Trademarks