501847 — PrimeEquip Solutions Construction Fleet Liquidation
Opening 1 February 2018Closing 30 March 2018 13:00 EST
GoIndustry DoveBid in partnership with Tiger Commercial & Industrial is offering for sale the assets of a Construction Rental Equipment Company located in Houston, TX. This is a unique opportunity to acquire high quality, well maintained assets at a significant discount on new price.
EQUIPMENT INCLUDES: Fleet made up of recent acquisitions; 40% of the fleet is 2016 or newer, 93% of the fleet is 2012 or newer. • Excavators • Wheel Loaders • Single Drum Rollers • Articulating & Telescopic Booms • Backhoe Loaders • Track Loaders • Dozers, Tractors, Trailers & more
ABOUT THE BUSINESS PrimeEquip is a Houston based construction and aerial work platform rental company. The company has a fleet of recent model Haulotte and Genie aerial work platformsalong with a large inventory of LiuGong Earthmoving equipment. In addition, the company's portfolio of assets includes brands such as Terex, Case, and New Holland.
PrimeEquip can trace their roots back to 2008 when an Equipment Dealership opened the facility on Rankin Road in Houston. The site was taken over by Noble Iron Inc. in 2012 who established the major brand LiuGong. Following a buyout in September 2016, the company increased customer base and recurring revenue. Monthly revenue has grown, and a substantial core customer base was established with several hundred accounts.