Bill Melvin Jr. owner of MDNA member firm, Liquid Asset Partners, LLC is a family man with three young children and baby number four due this coming September. When asked if this was a family business Bill replies “Yes, I have grown up in the business helping move around equipment and stirring the pot since I was in diapers.” Bill is second generation in this family business. He grew up in the liquidation industry, assisting his father Bill Sr. in liquidation projects throughout grade school, high school and college.
Bill has given numerous professional testimonies to the liquidation value of assets in U.S. Federal Courts, as well as led the liquidation of many Fortune 500 companies’ assets. His education includes: B.A. Economics/Law – WMU, Certified Professional Auctioneer and AMEA Certified Equipment Appraiser. A member of the National Auctioneers Association, Turnaround Management Association, Commercial Finance Association, American Bankruptcy Institute and Machinery Dealers National Association (MDNA)
Bill says his “work ethic and conservative decision making skills help him maximize liquidation projects across the USA.”
Bill has built great contacts in retail, industrial, wholesale, private equity and financial arenas that are a major source of Liquid Asset Partner’s growth.
Since 1975, the Melvin management team has been working with banks, retailers, bankruptcy courts, trustees, manufacturers, and lenders. They make cash purchases or run commission based disposition sales in retail, industrial, wholesale, motorsports and equipment. With over 100 liquidators nationwide, they say they are able to be at any location within 48 hours’ notice.
“We work across North America, but for MDNA guys we set ourselves apart as the ‘inventory guys.’ We handle large wholesale inventories and factories that have large inventories as a main ‘part of the deal.’ We are the main liquidator of Distribution Centers and Retail Equipment in North America handling Circuit City, Hudson’s Bay Company, Walmart and many more.” – Bill
When Bill is not working he spends most of his days chasing his wife of ten years, and hanging with the kiddos. His favorite hobbies include old cars, motorcycles, triathlons, waterskiing, snow skiing, hunting, biking, running, and golf.
Check out Bill in the news:
Who are MDNA’s Young Guns? Learn More here
Check out some of the current projects at Liquid Asset Partners, LLC here