The gavel never fell on the assets of Janov Millwork and Manufacturing (JMM), once a premiere fabricator of custom millwork and casework – yet the outcome was nothing less than an unqualified success for all concerned. Although the complete inventory of JMM’s state-of-the-art millworking equipment was scheduled to hit the online auction block on August 6 & 7, 2014, a qualified and motivated buyer emerged before the event and presented an attractive offer to purchase the entire catalog. News of this important development was just announced by AccuVal-LiquiTec, an industry leader in corporate valuation, advisory and liquidation services, who was conducting this online-only auction.
"I believe that the successful outcome of this ‘auction that never was’ is a reflection of the perfect convergence of a collection of desirable and well-maintained assets, expertly marketed to the best range of potential buyers thanks to the professional efforts of our talented staff,” noted Marc Swirsky, President – Liquidation Services of AccuVal-LiquiTec. "I think these results are an example of the success any company can expect from AccuVal-LiquiTec” he said, adding, “even when the planned auction never takes place!”
The asset inventory featured a significant selection of millworking machinery, vehicles and office equipment – everything that any manufacturer of custom millwork and casework would need to deliver old-world craftsmanship, combining traditional hands-on artistry while employing an impressive array of state-of-the-art automated machinery.
AccuVal-LiquiTec is the industry leader in corporate valuation, advisory and disposition services. It appraises and liquidates all corporate assets including business enterprises, equity & stock, bonds, intellectual property, machinery & equipment, inventory, real estate and accounts receivable in virtually every industry segment.