A globally-recognized university in North America dedicated to public research with more than 60 departments and two affiliated schools. Founded in 1878, the university is ranked as one of the top teaching and research institutions in its region, and is located in one of the 10 best university cities in the world. The university focuses on a number of industrial sectors, including aerospace, biopharmaceutical research, biotechnology and much more.

The client reached out to EquipNet for assistance with selling two pieces of idle equipment that were taking up valuable space in the university’s research facilities. The equipment included a high-end Micromass Q TOF Premiere Mass Spectrometer equipped with an Acquity UPLC and a highend Thermo LQT Orbitrap Mass Spectrometer. The client set a goal for the both pieces of equipment to be marketed and eventually sold by EquipNet within the University’s current annual fiscal period which was achieved. With high-valued equipment, many steps are taken to ensure EquipNet finds the ideal buyer for the mass spectrometers within the client’s requested time frame.

EquipNet’s equipment specialists visited the facility and provided an on-site inventory, documentation recording and digital photography of the equipment to be sold. With the assistance of EquipNet’s Project Management and Global Sales Teams, the high-end mass spectrometers were placed on the MarketPlace for exposure to EquipNet’s vast global clientele. EquipNet’s MarketPlace is recognized as the world’s largest online venue for surplus processing, packaging, laboratory, and analytical equipment.

With high-valued equipment, prospective buyers are a challenge to find, but EquipNet successfully overcame this demand by marketing the assets globally. EquipNet located two ideal buyers for each piece of equipment, including one buyer in California and another in Shanghai, China. In total, close to $200,000 was generated from the equipment sales for the university. As a result, the client was very satisfied and has continued to utilize EquipNet with various asset management and disposition needs.