Yellen Partners to Conduct Sale of $10 Million of Antique and New Decorative Lighting Inventory

DEERFIELD, Ill.--()--Yellen Partners, LLC (Yellen Partners), a financial services, asset management, auctioneer and appraisal firm, announced today the liquidation sale of over $10 million of high quality lighting fixtures and chandeliers for New Metal Crafts, Inc., a commercial and residential lighting company based in Chicago, Illinois. New Metal Crafts has designed, manufactured and supplied decorative lighting for over 75 years. The vast collection displayed in the company’s five-story showroom and warehouse includes antique chandeliers and sconces and vintage, contemporary and modern lighting fixtures.

“We’re pleased to offer consumers, decorators and resellers the rare opportunity to purchase a variety of high quality lighting up to 80 percent off retail and wholesale prices”

Commercial and residential lighting assets available include 2,500 one-of-a-kind antique chandeliers and sconces, and over 15,000 imported European chandeliers and sconces.

“We’re pleased to offer consumers, decorators and resellers the rare opportunity to purchase a variety of high quality lighting up to 80 percent off retail and wholesale prices,” said Brian Yellen, president of Yellen Partners.

About Yellen Partners, LLC

Yellen Partners, LLC is a Victory Park Capital portfolio company that is a specialized, hands-on provider of asset monetization solutions focused on the acquisition and disposition of retail and wholesale inventories, as well as healthcare and industrial machinery and equipment, for businesses seeking to continue operations or sell assets as a going concern. Core activities include sourcing, acquiring and monetizing distressed and other surplus assets through transaction strategies, including, but not limited to, retail store closings, orderly liquidations of wholesale inventories and specialty assets, as well as private treaty sales and on-site and on-line auctions. For more information visit: http://www.yellenpartners.com.

Contacts

for Yellen Partners, LLC
Dana Andreoli, 312.240.2618
Dana.Andreoli@edelman.com