Link Auctions launched as an auction company that extends global execution capabilities in equipment appraisals, industrial auctions and asset remarketing for industrial companies and financial institutions looking to streamline, transform or lean into evolving manufacturing technologies while continuing to serve traditional asset classes.
“I am excited to join the Link Auctions team, as it will allow me to better serve my clients and colleagues that I have worked with over the past 40 years, as well as new Link Auctions clients moving forward,” Randy Koster, president of Link Auctions, said. “My team that has worked with me over the years will be joining me at Link Auctions to continue to give you the same professional service you have grown accustomed to.”
Link Auctions offers sustainable benefits to both buyers and sellers, providing assets to a global buyer base while maximizing surplus asset proceeds and leveraging an auction platform, Link Warehouse provided by Chain AMS, ensuring end-to-end compliance and streamlined processes.
Link Auctions handles all aspects of disposition projects from end to end, including:
- Site preparation and asset documentation
- Valuation and cataloguing of assets to be sold
- Marketing of the auction event or machine sale
- Execution of the auction, managing admission and screening of individuals and organizations
- Overseeing public inspections and viewings, adhering to EHS guidelines
- Overseeing removal and collections, managing riggers and ensuring a building is not damaged
- Final accounting, reporting and settlement post-sale
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Additionally, Link Auctions will provide standalone equipment inspections and appraisal services to industrial companies, banks and independent finance companies.