Daily News: January 23, 2013

Great American, CA Global Announce Strategic Partnership

Great American Group announced a strategic partnership with technology liquidator CA Global Partners. The partnership expands and strengthens Great American Group’s capabilities, particularly in high-tech machinery and equipment.

Great American said Mark Weitz will join CA Global Partners as president, which will allow Weitz to continue to serve Great American Group’s clients while also challenging him with expanding the footprint of CA Global.

“We have worked with CA Global Partners for a long time and we are pleased to formalize the relationship with Adam Alexander and his team,” said Great American Group chief executive officer, Andy Gumaer. “Adam’s tremendous depth of knowledge and expertise in secondary market values will provide an immediate benefit to our clients.”

Los Angeles, CA-based CA Global Partners (formerly Cowan Alexander) is a global webcast auction and capital recovery company, providing custom-tailored asset disposition services to investors, lenders and companies. CA Global has successfully sold more than $1 billion in assets and completed more than 1,000 projects worldwide.