First Restoration Services
After 25 years as a restoration contractor, I realized the time had come to downsize my contracting and equipment rental business. Having purchased equipment at auction for almost three decades, I knew that no auction company had ever conducted a restoration equipment sale of this magnitude.
I selected Yellow Tag Auctions because they met several key criteria - a reputation for working hard for their sellers and handling all of their auctions in a professional manner, their track record for attracting bidders, their ability to manage a project this size, and their unique capability to allow me to move my equipment to their facility for auction.
I have rarely seen an auction that was so well organized and was impressed with their attention to detail. Their team has the ability to market equipment to the right buyers and went above and beyond in their efforts to insure every restoration company worldwide was aware of this offering.
The final results of my auction largely surpassed my expectations and attracted over 400 buyers from 27 states and 5 countries. They were successful at selling restoration specific equipment as well as generators, contractor equipment, and a large assortment of rolling stock including tractors, trucks, trailers, forklifts, scissor lifts, containers, command centers and more.
I plan to sell equipment with them in the future and highly recommend their services.
Frank Headen President and CEO
When The Radici Group made the decision to discontinue their spandex operations I was tasked with liquidating the assets. While skeptical at first, I found Yellow Tag Auctions to be my key resource for maximizing the value we received for our equipment and machinery. They were able to accomplish things quickly and professionally with minimum hassle allowing me to focus my efforts on other aspects of the shutdown process. I highly recommend Yellow Tag Auctions to move assets quickly and at maximum value.
Marty Moran CEO
When Woolrich decided to sell the assets of our Jersey Shore, PA facility we contacted Yellow Tag Auctions. Their team professionally managed the entire process which allowed us to focus on our ongoing business. They were able to attract buyers from across the US and overseas, which maximized the return on our assets. I would not hesitate to recommend Yellow Tag Auctions.
Sean Acton Director of Operations
Yellow Tag Auctions was successful in executing a global campaign to liquidate LifeStone Materials' factory in Anderson, South Carolina, on behalf of an international ownership group. LifeStone Materials' entire plant was sold using an online auction that attracted 55 bidders from 10 countries around the world.
Yellow Tag Auctions set up a process where each individual item was first bid on and then the entire plant was offered as a package. The option which delivered the better total sale value was considered the winning offer.
This allowed LifeStone Materials to obtain a premium over the standard auction process. Following the sale, Yellow Tag Auctions managed and facilitated the packing, removal and shipping of the entire plant for the overseas buyer. I would certainly recommend Yellow Tag's services and would use them again.
Julian Crawford Swaim Brown Director, Business Consulting/M&A