Heritage Global Inc. has acquired National Loan Exchange Inc. (NLEX), the largest volume broker of charged-off receivables in the U.S. and Canada.  

NLEX will operate as a wholly owned division of San Diego-based Heritage Global (OTCQB: HGBL; CSE: HGP), expanding and diversifying its distressed asset offerings. Before the transaction NLEX had been operating exclusively as a broker/agent.

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