EquipNet Inc., the global leader in surplus asset management today announced 
that it has raised an acquisition fund to be used to acquire companies that 
meet its selection criteria.

Logo - https://mma.prnewswire.com/media/562949/EquipNet_Logo.jpg

"We have excelled at organically building our current infrastructure to deliver 
a best-in-class value proposition to our customer base," said Roger Gallo CEO 
of EquipNet.  "The next phase in our growth plans include the strategic 
acquisition of select companies that compliment and diversify our existing 
operations."

EquipNet currently offers several hundred million dollars of laboratory 
instrumentation, manufacturing equipment, and industrial assets on the 
secondary market through its e-Commerce Marketplace (www.equipnet.com). The 
company also provides numerous surplus capital asset services that deliver 
maximum financial return while maintaining positive corporate image, adhering 
to safety standards, and contributing to sustainability initiatives. It will 
now actively seek to acquire operations that expand and/or offer value-added 
solutions connected to the vertical markets that it services. 

About EquipNet-EquipNet is a global leader of surplus asset management 
solutions. It is recognized for its proprietary asset management platform, 
revolutionary industrial equipment marketplace and results-driven project 
management services. Clients include Fortune 500 multi-national corporations, 
leading regional manufacturers, financial institutions, and corporate renewal 
professionals. 

For Media Inquiries Contact: 
Ben Potenza
VP Sales and Marketing
bpotenza@equipnet.com
+1-781-821-3482 x2180;

For Business Inquires Contact:
Tom Noonan  
VP Corporate Development
tnoonan@equipnet.com
+1-781-821-3482 x2152

SOURCE: EquipNet Inc.