Heritage Global Valuations, a division of Heritage Global Inc. (NASDAQ: HGBL), appointed Elise DiBenedetto as Director of Business Development, according to a company statement.

Based in the Northeast, DiBenedetto will focus on expanding relationships across the restructuring, lending, and professional services sectors. She will be responsible for developing relationships with financial institutions, private equity firms, restructuring advisors, and corporate clients.

DiBenedetto brings experience in business development and client engagement within financial, professional services, and corporate sectors. Her background includes leadership roles in operating companies overseeing financial planning and analysis and treasury functions, as well as work in credit and asset-based lending.

"Elise brings a strong combination of financial acumen, operating experience, and relationships," said Mike Goldstein, Executive Managing Director at Heritage Global Valuations. "She understands the urgency and complexity of the situations our clients face and has the ability to connect them with practical, value-maximizing solutions."

Heritage Global Valuations specializes in the valuation of commercial and industrial assets including inventories and machinery and equipment. The company operates under Heritage Global Inc.'s Industrial Assets business unit.

Heritage Global Inc. provides acquisition, disposition, valuation, and lending services for surplus and distressed assets through its Industrial Assets and Financial Assets business units.