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Ironplanet acquires Asset Appraisal Services

IronPlanet has acquired Asset Appraisal Services (AAS), an inspection, appraisal and online auction services company serving customers across the used capital equipment markets, with a key focus on the commercial truck sector. “We are very excited to incorporate Asset Appraisal Services, a trusted name in truck remarketing, as part of the IronPlanet marketplace,” said Greg Owens, CEO of IronPlanet. “Its expertise in inspections will further enhance IronPlanet’s exclusive IronClad Assurance and inspection se
March 1, 2013 Read time: 2 mins

5053 IronPlanet has acquired Asset Appraisal Services (AAS), an inspection, appraisal and online auction services company serving customers across the used capital equipment markets, with a key focus on the commercial truck sector.

“We are very excited to incorporate Asset Appraisal Services, a trusted name in truck remarketing, as part of the IronPlanet marketplace,” said Greg Owens, CEO of IronPlanet.

“Its expertise in inspections will further enhance IronPlanet’s exclusive IronClad Assurance and inspection services capabilities, while its deep experience and relationships in the truck market will strengthen our expansion in this growing sector of our business.”

Headquartered in Omaha, Nebraska with a team of field inspectors across North America, AAS has successfully developed a range of creative remarketing offerings for its customers, including  auction services for the industry’s leading truck manufacturers.

The company will operate as a wholly-owned subsidiary of IronPlanet and continue to use the Asset Appraisal Services name.

“I am excited that Asset Appraisal Services has joined IronPlanet,” said Michael Cox, president and founder of AAS.

“With IronPlanet, AAS will be able to reach new customers through its global marketplace, while continuing to deliver the quality service our customers have come to count on through the years.”

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