Florida based HI7E, private investment partnership is pleased to announce the acquisition of the Brain Bureau

Hi7E has completed the acquisition of NYC based The Brain Bureau, a leading provider of asset and inventory liquidation. End Quote

(1888PressRelease) March 08, 2011 - HI7E, a private investment partnership based in Florida, is pleased to announce that it has acquired New York City based The Brain Bureau to further expand its business, which will take effect starting on March 6th, 2011.

Established in 2009, The Brain Bureau is the leading provider of asset liquidation and inventory liquidation, assisting manufactures, retailers and distributors in disposing their excess inventory. They provide a complete end-to-end solution and will dispose inventory via outright purchase, joint partnership sales with the seller or sales to third parties. By offering multiple online and traditional distribution channels, it has opened up a new way of life for many businesses that is looking into liquidating its assets.

At a time when economic uncertainty and constrained capital markets are still a significant issues, The Brain Bureau may find a growing market of businesses in financial distress looking to convert assets to cash, or needing help to leverage assets in order to improve cash flow through the repositioning and restructuring of existing commitments.

With HI7E's professional business expertise and its top management team, who have an outstanding track record of success and a clear strategy for long-term growth, they will support Brain Bureau as they continue to increase the breadth and is excited to build a world-class brand in a region and sector for tremendous growth prospects. Further more, by bringing on Brain Bureau and expanding its asset liquidation offering is another step forward growing complementary business lines for the company.

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