EquipmentEngine Named Approved Logistics Services Provider for IronPlanet

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EquipmentEngine to lend national services and storage footprint to IronPlanet for financial services and other customers. Nationwide services to include storage, diagnostic inspection, repairs, detailing, voluntary repossession, involuntary repossession, and shipping.

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We are very excited to work with EquipmentEngine and to have the ability to bring their expertise and services to our customers," said Randy Berry, Senior Vice President of Operations and Services at IronPanet

EquipmentEngine, LLC today announced IronPlanet® will add EquipmentEngine’s logistics services to its select group of approved service providers.

EquipmentEngine’s 200 strategically located facilities across the country expand the destination options for IronPlanet’s clients requiring recovery and storage services. From these locations, EquipmentEngine will make available a variety of services including storage, diagnostic inspection, repairs, detailing, voluntary and involuntary repossession, and shipping preparation.

“The value that IronPlanet delivers to our customers continues to strengthen. While the majority of our customers sell directly from their location eliminating costly transportation expense, we recognize that there are situations where fleet owners may need support in recovery, transportation, and storage of assets,” said Randy Berry, Senior Vice President of Operations and Services at IronPlanet.

“We are very excited to work with EquipmentEngine and to have the ability to bring their expertise and services to our customers. With our high volume of transactions we are experiencing, service reliability and expertise on a national scale were the key determining factors for us in the selection process and EquipmentEngine fits the bill very well,” said Berry.

“I am very impressed with the rapid growth of IronPlanet’s auction business and their commitment to delivering a top-notch, comprehensive service set to all of their many buyers and sellers,” said Richard Henderson, President of EquipmentEngine, LLC. “IronPlanet has been a valued client of ours for some time now and we are very pleased to expand our relationship.”

About IronPlanet
IronPlanet® is a leading online marketplace for used heavy equipment. Our sellers achieve more profitable sales through low transaction costs and better price realization through a global audience of buyers. Our guaranteed inspection reports and exclusive IronClad Assurance® enable buyers to bid with a high degree of confidence. IronPlanet is backed by Accel Partners, Kleiner Perkins Caufield and Byers, Caterpillar, Komatsu and Volvo. For more information, visit http://www.ironplanet.com.

About EquipmentEngine
EquipmentEngine, LLC, via its Lender Solutions Practice, is a Portfolio Services company founded in early 2010 to simplify the business of managing a nationwide commercial repossession and recovery effort. Since that time, EquipmentEngine has expanded its service offering to include Portfolio Servicing, Collections, Creditor Offensive Litigation Management, Appraisals, Inspections, Voluntary and Involuntary Repossession, Storage, and Remarketing. EquipmentEngine leverages Six Sigma processes, 21st century technology, and over 200 storage facilities across the country to deliver cost effective and consistent equipment management services for our clients. EquipmentEngine is headquartered in Portsmouth, NH.

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Richard Henderson
EquipmentEngine, LLC
(855) 693-6446 x9434
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