Note from SOEC Staff: This announcement is not related to Saleen Automotive in Corona, CA. Hancock Park Associates, primary holder of Saleen Inc from 2004-2008, retained these assets through bankruptcy while parts and vehicle inventory were sold to MJ Acquisitions back in February 2009.
GA Global Partners Offers a ‘Once-in-a-Lifetime’ Opportunity to Purchase the Assets and Intellectual Property of the Saleen S7, S7R and Saleen S5S Raptor Supercars
By: GA GLOBAL PARTNERS on July 14, 2015 07:48 AM EDT
WOODLAND HILLS, CA – (Marketwired – July 14, 2015) – GA Global Partners will be offering for sale the assets and intellectual property of the Saleen S7, S7R and S5S Raptor with a Date Certain Private Treaty Sale. The sale will include all remaining inventory, parts, memorabilia, molds, designs and intellectual property related to the Saleen S7, S7R and the Saleen S5S Raptor.
Included in this unique offering are six remaining chassis/frames for the Saleen S7 and S7R, and the one-of-a-kind concept car for the never-produced Saleen S5S Raptor.
“These prized assets have been kept in safe storage for the past five years which makes this a truly rare and historic opportunity to own all assets and rights to the first ‘Great American Supercar,’ and allow a new owner to continue the legacy with the S5S Raptor,” said Adam Alexander, CEO of GA Global Partners.
The street-legal Saleen S7 was introduced in 2000 and was followed by the S7R racing version in 2001. The S7R won nearly 30 poles and set 27 fastest laps at several tracks, including the 24 Hours of Le Mans. The Saleen S5S was unveiled at the New York International Auto Show in 2008 but was never produced.
The Saleen S7 has been featured in numerous blockbuster movies like Bruce Almighty, Need for Speed, and Iron Man and has been covered extensively by the media and automotive magazines. The Saleen S7 and S5S Raptor have also been featured in top-selling video games, including, Asphalt, Forza, Midnight Club, and Gran Tourismo.
Prospective purchasers are encouraged to visit GAAuction.com for more information, photos and bidding details.
About GA Global Partners:
Across virtually every sector of the economy, at every stage of the business life cycle, GA Global Partners helps companies to realize the maximum value of their assets. In business for more than 40 years, our company and team of trusted professionals have developed unparalleled expertise at assessing the value of assets in a variety of businesses and, when necessary, managing the sale of those assets. For more information, visit www.gaauction.com or call (818) 340-3134.
GA Global Partners is the Auction Division of Great American Group LLC which is a subsidiary of B. Riley Financial, Inc. (OTCBB: RILY), a diversified provider of collaborative financial and business advisory services through several subsidiaries, including: B. Riley & Co. LLC, a leading investment bank which provides corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients; Great American Group, LLC; B. Riley Capital Management, LLC, an SEC registered Investment Advisor, which includes B. Riley Asset Management, a provider of investment products to institutional and high net worth investors, and B. Riley Wealth Management (formally MK Capital Advisors), a multi-family office practice and wealth management firm focused on the needs of ultra-high net worth individuals and families; and Great American Capital Partners, a provider of senior secured loans and second lien secured loan facilities to middle market public and private U.S. companies.
B. Riley Financial, Inc. is headquartered in Los Angeles with offices in major financial markets throughout the United States and Europe. For more information on B. Riley Financial, Inc., visit www.brileyfin.com.
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[Source: GA Global Partners]