Massachusetts-Based EquipNet Celebrates 13 Years in Business by Expanding Appraisal/Valuation Services

EquipNet has a lot to celebrate this month with its 13-year anniversary, the expansion of its equipment and business appraisal and valuation services, and the relocation of its headquarters to a new 110,000 square foot facility in Canton, MA. Founded in Massachusetts in May, 1999, EquipNet has become a global leader in helping companies buy, sell, and manage their surplus equipment.

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Canton, MA (PRWEB) May 18, 2012

EquipNet has a lot to celebrate this month with its 13-year anniversary, the expansion of its equipment and business appraisal and valuation services, and the relocation of its headquarters to a new 110,000 square foot facility in Canton, MA.

Founded in Massachusetts in May, 1999, EquipNet has become a global leader in helping companies buy and/or sell their surplus equipment. The EquipNet workforce has grown from two original employees to its current staff of 115 people. The company headquarters are located in Canton, MA and has offices across the globe, including Canada, Latin America, the UK and Europe, India, and Asia.

The EquipNet MarketPlace has become the world’s largest online venue for buying and selling pre-owned laboratory instrumentation and manufacturing equipment in the pharmaceutical, biotech, chemical, food, beverage, and personal care sectors. EquipNet has helped local Boston area companies and global corporations be both ecologically green and economically wise by helping them purchase and/or sell their surplus equipment.

EquipNet also pioneered web-based software that helps global clients track their idle assets across multiple enterprises. Before ARMS (Asset Redeployment Management System) was put into action, many of these multinational companies purchased million-dollar pieces of equipment when the same item was sitting idle in another location. By gaining desktop access to the status of their equipment inventory, these corporate clients have reduced the risks associated with idle assets and avoided spending time and money locating and purchasing expensive items they already own.

Through an acquisition of SweetTrading in 2006, EquipNet launched its Technology Solutions division, providing clients with Department of Defense-level hard drive sanitizing, environmental recycling with certification, and technology asset tracking to help them responsibly and safely dispose of their surplus technology assets.

EquipNet expanded its auction capabilities with the acquisition of Advanced Asset Services, Inc. in 2007. Companies closing a facility or just interested in recovering the value of their surplus assets in a short timeframe, have the option to sell their equipment via live, webcast, online, or sealed bid auction. EquipNet hosts multiple auctions per month throughout the world.

EquipNet is now paving the way to become appraisal and valuation experts for the industries it serves, providing pharmaceutical, biotech, chemical, food, beverage and personal care companies with accurate information about the value of their business and industrial assets. With the recent acquisition of Present Value, EquipNet has dramatically expanded its offering of equipment and business appraisals and valuation services. The company has created a new multimedia section of the website at http://www.equipnet.com/Anniversary-Valuations-PRWeb with a podcast, videos, a whitepaper, an ebook, and more.

EquipNet President and CEO Roger Gallo, is proud of where the company began and where it’s going. “We’ve grown in a very strategic fashion, keeping our eyes on EquipNet’s original mission and vision” explains Gallo. “We’ve expanded our services and the industries we serve but we are still focused on our mission to ‘create raving fans in everything we do’ and our vision ‘to revolutionize the way companies manage their surplus assets.’”

Gallo also plans to maintain EquipNet’s strong roots in Massachusetts. “In the 13 years we’ve been in business, we’ve moved several times from a small office in Randolph MA, to a bigger space in Braintree to our current Canton headquarters in order to accommodate our growth,” explains Gallo. “We’re now excited by the fact that we recently signed a long-term lease on a 100,000 square foot facility in Canton to accommodate our growth over the coming years.”

“We are proud of our commitment to the Boston area and our status as a local company that has consistently provided much needed jobs to local residents,” Gallo continues.

About EquipNet
EquipNet is a leading provider of proactive asset management solutions and services to leading corporations in the biotech, pharmaceutical, chemical, food, beverage, and personal care industries, such as Unilever, Diageo, Wrigley, Mars, Colgate-Palmolive and many others. EquipNet’s vision is to revolutionize the way companies manage their surplus assets by maximizing financial returns and minimizing the risks associated with idle capital assets. For more information, please visit: http://www.EquipNet.com.
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