Matt Serra

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GovPlanet’s Initial Sale of Military Humvees Draws Record Attendance

PLEASANTON, Calif. – Dec. 18, 2014 – GovPlanetSM, an online marketplace dedicated to buying and selling used government assets, sold the first set of High Mobility Multipurpose Wheeled Vehicles (HMMWVs), or Humvees, made available to the public by the U.S. Department of Defense (DoD) at its online auction yesterday, December 17. The event attracted more than 111,000 unique visitors, and final sale prices for the 25 Humvees were as high as $41,000.

“The interest in the Humvees was very strong, exceeding our expectations in terms of participation and pricing,” said Randy Berry, senior vice president, operations and services for parent company IronPlanet. “Our online auction drew record attendance and a record number of bidders – many first-timers – to govplanet.com. We are looking forward to selling more Humvees and other equipment from the DoD as our GovPlanet marketplace continues to grow in 2015.”

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Posted in Trucks, Press Releases, Auctions

GovPlanet’s Inaugural Auction Reaches Buyers in 16 Countries and 27 States

Vice Admiral Mark Harnitchek and Greg Owens at IronPlanet headquarters on auction day.

GovPlanetSM, an online marketplace dedicated to buying and selling used government assets, sold 158 inspected items from U.S. Department of Defense (DoD) surplus rolling stock at its first online auction held on November 19 at GovPlanet.com.

“The success of our inaugural GovPlanet sale demonstrates the power of our global online marketplace and ability to deliver results for the government sector,” said Gregory J. Owens, Chairman and CEO of parent company IronPlanet. “Our Internet model and exclusive guaranteed inspection reports deliver a more efficient and profitable way for the U.S. Defense Logistics Agency and other government agencies to manage their surplus assets.”

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Posted in Press Releases, Auctions

IronPlanet Partners with BiddingAce, a New Online Marketplace for General Aviation Aircraft

PLEASANTON, Calif. – June 10, 2014 – IronPlanet®, the leading online marketplace for buying and selling used heavy equipment, today announced a licensing agreement with BiddingAce, a new online marketplace for general aviation aircraft. Under the agreement, BiddingAce uses IronPlanet technology to power its e-commerce marketplace.

“IronPlanet is excited to extend our best-of-breed online marketplace model to new industries,” said Greg Owens, CEO, IronPlanet. “The IronPlanet platform is ideally suited for industry-specific marketplaces such as general aviation, and with the combination of BiddingAce expertise, it will provide an important service to aviation enthusiasts worldwide.”

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Posted in Press Releases

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