Merger of Freeman’s and Hindman auction houses targets upper-middle market growth
about 3 months ago (02/09/2024)
Merger of Freeman’s and Hindman auction houses targets upper-middle market growth Art market Museums & heritage Exhibitions Books Podcasts Columns Technology Adventures with Van Gogh Search Search Art market news Merger of Freeman’s and Hindman auction houses targets upper-middle market growth Firm formed by auction house pairing announces a New York saleroom and expansion plans abroad Tim Schneider 9 February 2024 Share The firm’s team, with chief executive Alyssa D. Quinlan, centre, and co-deputy chair Alasdair Nichol, to Quinlan’s right Chase Barnes After a soft 2023 for the world’s largest auction houses, this year opened with news of a significant merger in the sector’s upper-middle tier. Philadelphia-based Freeman’s, the oldest auction house in the US, and Chicago-headquartered Hindman announced on 9 January that they would unite to form Freeman’s Hindman , a new auction house with growing ambitions. The combined company counts six salerooms and 18 regional offices across the US in what a press statement calls “the largest coast-to-coast presence of any auction house” in the nation.