Unprecedented Auction of State-of-the-Art Laboratory Equipment
Hyper Group was engaged by the court-appointed Receiver for Reditus Laboratories to monetize the assets of two advanced testing facilities in Illinois and Wisconsin. The assets included late-model, state-of-the-art laboratory and diagnostic equipment.
Hyper Group provided the Receiver with a contractual minimum sale guarantee, transferring substantial risk away from the estate. Over a 60-day period, our team prepared, marketed, and executed a large-scale auction of the laboratory assets, leveraging targeted outreach to attract scientific and medical equipment buyers.
The auction was completed on an accelerated timeline and delivered results that significantly exceeded expectations. Result highlights included:
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