Heritage Global shares surge 19.12% premarket after acquiring DebtX for $8.5M to expand Financial Assets division.

Heritage Global Inc. surged 19.12% in premarket trading following the announcement that its wholly owned subsidiary, Heritage DebtX LLC, acquired substantially all assets of The Debt Exchange, Inc. (DebtX) for $8.5 million in an all-cash transaction. The acquisition, effective January 1, 2026, expands Heritage Global’s Financial Assets division by integrating DebtX’s 20-year expertise in loan-sale advisory, valuation, and execution services across commercial, residential, and specialty-finance markets. DebtX’s platform, which has managed billions in loan transactions, complements Heritage’s existing capabilities, enhancing its presence in the secondary loan market and aligning with its long-term growth strategy. CEO Ross Dove highlighted the acquisition’s expected accretion to earnings in 2026 and its role in strengthening the company’s position as a leading asset services provider. The deal, finalized on January 9, 2026, is anticipated to bolster revenue streams through expanded client reach and operational synergies.