Business Valuation Blog | Understanding Buying / Selling a Company

Business Valuation Specialists' Sub Creates Used Equipment Marketplace

Posted by Kipp Krukowski on Jan 14, 2015 10:13:00 AM

PRESS RELEASE

A subsidiary of Business Valuation Specialists LLC and Equipment Appraisal Services, EquipmentAuction.com, has partnered with Proxibid to provide a secure marketplace for asset sales and liquidations for banks and corporations. 

Youngstown, Ohio --- Equipment Appraisal Services (EquipmentAppraisal.com) has announced that its EquipmentAuction.com subsidiary has partnered with Proxibid, the most trusted online marketplace for buying and selling highly valued items, to provide an online machinery and equipment marketplace that provides buyers and sellers with a comprehensive risk management system boasting bank-level security, sophisticated fraud prevention and a dispute resolution team. This PCI compliant platform is designed to ensure users are safe when transacting online.

 “We received numerous requests from the lender community to expand our services beyond equipment appraisals. The evidence is clear that both buyers and sellers have become increasingly comfortable in making large dollar asset acquisitions through online auctions,” says Equipment Appraisal Services’ Managing Director Kipp Krukowski.

The EquipmentAuction.com marketplace offers multiple formats to sell machinery and equipment - Fixed-Price / Make-an-Offer Listings and Timed Auctions – based on the seller’s goals.

“The EquipmentAuction.com domain name carries a brand identity that is powerful. It was important for us to select a partner that would allow us to immediately capitalize on our opportunities while having the experts in online auction security and payment processing handle the back-end infrastructure,” says Krukowski.

 

About Equipment Appraisal Services and EquipmentAuction.com: 
Equipment Appraisal Services is a nationwide provider of machinery and equipment appraisals for lenders and business owners. The firm also provides expert witness services and financial accounting appraisals related to machinery and equipment valuations for both public and private companies. EquipmentAuction.com is an online equipment auction mediation subsidiary that provides a marketplace for machinery & equipment buyers and sellers. The company also has a subsidiary that specializes in business valuations. For more information about Equipment Appraisal Services, please visit www.EquipmentAppraisal.com. For more information about EquipmentAuction.com, please visit www.EquipmentAuction.com.

About Proxibid:

Proxibid provides asset owners of all sizes and buyers with access to the world’s most trusted online Marketplace and selling solutions for excess inventory. More than $2 billion in inventory passes through Proxibid’s Marketplace annually in product categories that include heavy equipment; commercial and industrial equipment; real estate; fine art, antiques and collectibles and more. Founded in 2001, Proxibid is headquartered in Omaha, NE, with offices in New York and London. For more information about Proxibid, please visit www.Proxibid.com.