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HYPERAMS, LLC Appoints Jake Josko as Assistant Director of Auction Services

HYPERAMS' Auction Division Poised for Continued Growth with Addition of Industrial Auction Industry Veteran


News provided by

HYPERAMS, LLC

Jan 07, 2019, 07:00 ET

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Jake Josko, Assistant Director of Auction Services, HYPERAMS
Jake Josko, Assistant Director of Auction Services, HYPERAMS

WOOD DALE, Ill., Jan. 7, 2019 /PRNewswire-PRWeb/ -- HYPERAMS, LLC announces that Jake Josko has joined the firm as Assistant Director of Auction Services. In his new role at HYPERAMS, Jake will focus on supporting the continued growth of the Company's Auction Division and managing the division's auction operations.

Jake is the ideal addition to the company for this role, as he brings significant experience in the industrial auction industry and has spent time with some of the nation's leading auctioneering firms. Prior to being named to his new position at HYPERAMS, Jake was responsible for sourcing, negotiating, and closing auction projects, along with managing the execution thereof. Jake has a proven track record of understanding equipment values in many industry verticals, with a particularly strong background in construction-related equipment.

“We are very excited to bring Jake on board to fill this new role. Jake brings a depth of experience in the auction industry to the table and we are confident he will have an immediate impact on our team and will help support the growth of the auction division.”

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HYPERAMS Chief Financial Officer Bob Pabst said, "We are very excited to bring Jake on board to fill this new role, which we recently created as a result of the continued growth of our liquidation business. Jake brings a depth of experience in the auction industry to the table and we are confident he will have an immediate impact on our team and will help support the growth of the auction division."

In addition to his business roles, Jake is invested in professional development and is a member of several industry organizations. He holds auction licenses in over 10 states as well as designations from the National Auctioneers Association and Association of Machinery Equipment Appraisers. Jake is also a member of the Machinery Dealers National Association and was recently elected to the board of its Chicago chapter as secretary. In 2018, Jake was a finalist in the Illinois State Auctioneers Association bid calling championship. Jake spends his free time coaching youth football as well as conducting charity and benefit auctions.

About HYPERAMS, LLC

HYPERAMS is a full-service auction, appraisal, retail advisory and liquidation, and reverse logistics firm. The Company specializes in assisting both distressed and healthy companies manage surplus assets by providing clients with a complete asset disposition strategy. The Asset Disposition division focuses on investing in excess assets and conducting live and webcast auctions. The Appraisal division provides valuations of machinery & equipment and inventory, as well as pre-acquisition due diligence. HYPERAMS has performed hundreds of appraisals, auctions, and store closings on behalf of financial institutions, restructuring/turnaround professionals, private equity firms, as well as business owners. Our reputation is our best asset.

SOURCE HYPERAMS, LLC

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