Yellen, TDM to hold liquidation sale of construction equipment
TDM Machinery & Appraisal will provide the appraisal of the construction equipment, led by company Vice President Scott Minzak.
“We’re proud to offer users the opportunity to purchase high-quality Caterpillar equipment that has been professionally maintained,” Brian Yellen, president of Yellen Partners, said. “TDM has been a valuable partner with the industry expertise and experienced leadership to help execute the sale of a large percentage of the company’s rental inventory.”
Assets available for bid include late-model/low-hour Caterpillar rental-fleet units, including D6T and D5K Dozers, 420F Backhoe Loaders, 329EL Excavators, among other items.
Yellen Partners, a financial services, asset management, auctioneer and appraisal firm, is a Victory Park Capital portfolio company specializing in sourcing, acquiring and monetizing distressed and other surplus assets; managing retail-store closings; liquidating wholesale inventories and specialty assets; and managing private treaty sales and on-site and online auctions.
TDM Machinery & Appraisal has more than 30 years of experience in sales, marketing and appraising construction and mining equipment. It buys and sells equipment such as wheel loaders, end dumps, motor graders, motor scrapers and dozers.