Yellen Partners, LLC, a financial services, asset management, auctioneer and appraisal firm, announced the auction and liquidation sale of the remaining assets of Wasero Construction (1991) Inc. and Tom-Con, Inc. The sale will be conducted as an auction in partnership with DSL Industrial Ltd., a leading Canadian auctioneer and financial services firm.
Assets available for bid include late model/low hour Caterpillar excavators, wheel loaders, including 385BL and 365BL Excavators, a D6RXL Crawler Tractor, a Kenworth T800 Tractor and more.
“We’re proud to partner with DSL Industrial’s experienced team to offer customers the opportunity to purchase such high quality professionally maintained construction equipment,” said Brian Yellen, president of Yellen Partners.
Yellen Partners, LLC is a Victory Park Capital portfolio company that is a specialized, hands-on provider of asset monetization solutions focused on the acquisition and disposition of retail and wholesale inventories, as well as healthcare and industrial machinery and equipment, for businesses seeking to continue operations or sell assets as a going concern. Core activities include sourcing, acquiring and monetizing distressed and other surplus assets through transaction strategies, including, but not limited to, retail store closings, orderly liquidations of wholesale inventories and specialty assets, as well as private treaty sales and on-site and on-line auctions.
DSL Industrial Ltd. is one of the largest firms of industrial auctioneers, liquidators and appraisers in Canada. DSL Industrial is a recognized leader in the disposition of machinery & equipment, furniture & fixtures, computers, transportation equipment as well as other assets. In addition to asset recovery services, DSL Industrial's hands on experience gained from liquidating assets in multiple industries allows them to specialize in accurately appraising and forecasting current market value of industrial assets for asset-based lending or recovery through auction, liquidation, or outright purchase of assets.