Surplus Solutions LLC

What Surplus Solutions LLC does

Surplus Solutions LLC, founded in 2006 and headquartered in Woonsocket, Rhode Island, operates a B2B marketplace and auction platform for pre-owned laboratory, processing, packaging, and medical equipment. The company serves pharmaceutical, biotechnology, life sciences, and nutraceutical customers who require cost-effective equipment procurement and disposition, reporting customer savings of up to 90% versus new equipment pricing. Core offerings include a proprietary online auction platform with weekly cadence, a direct online marketplace covering 120+ equipment categories and 1,200+ brands, AMEA-certified appraisal services, dedicated logistics operations, and full laboratory relocation services. The technology stack is centered on a proprietary auction platform rather than a software-as-a-service architecture, with operational technology centered on physical handling, crating, rigging, and AirRide-truck transportation of high-value instruments.

The business model combines transactional revenue (auction take-rate, direct equipment resale at markup, brokerage and consignment fees) with professional services revenue (appraisals, logistics, relocations). Pricing is quote-based or auction-driven rather than subscription-based, reflecting the heterogeneous, high-value nature of used scientific equipment. Distribution is multi-channel: weekly global online auctions, a 24/7 e-commerce marketplace with daily new inventory, and an enterprise field sales team handling tailored brokerage and consignment deals for pharma and biotech clients.

Surplus Solutions is a portfolio company of NMS Capital (since December 2022) and has executed an active acquisition strategy: FAMECO Group ApS (October 2024) added European footprint and medical-device refurbishment expertise from a 40,000 sq ft Vendenheim, France facility, and Certified Genetool (April 2025) added flow cytometry specialization plus recurring service-contract revenue from certification, installation, and maintenance. Combined warehouse footprint is approximately 240,000 sq ft across Rhode Island, California, and France. The company maintains EcoVadis 2026 bronze sustainability recognition and BBB A+ accreditation.

Name

Surplus Solutions LLC

Legal name

Surplus Solutions LLC

Website

https://ssllc.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Surplus Solutions LLC operates a B2B marketplace and auction platform for pre-owned laboratory, processing, packaging, and medical equipment, serving pharmaceutical, biotechnology, life sciences, and nutraceutical customers seeking cost-effective equipment procurement and disposition across US and European markets.

Ownership category

akta.pro rank

Product category

Equipment Lifecycle Management

NAICS

Professional and Commercial Equipment and Supplies Merchant Wholesalers (4234), Service Establishment Equipment and Supplies Merchant Wholesalers (42385)

SIC

Wholesale-Machinery, Equipment & Supplies (5080), Wholesale-Professional & Commercial Equipment & Supplies (5040)

akta.pro primary industry

Asset Recovery, Surplus & Decommissioning Services (EUAIANAD)

akta.pro secondary industries

Asset Recovery, Liquidation & Secondary Market Logistics (TLAIAHAF), Parts, Components, Refurbished & Reverse Logistics (Electronics) Distribution (CRAOACAK)

Keywords

• Used lab equipment
• Equipment lifecycle management
• Online equipment auctions
• Lab equipment appraisal
• Laboratory relocation services

Headquarters

HQ city

Woonsocket

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Equipment Sales - Direct: Direct purchase and sale of used and refurbished lab, processing, and packaging equipment. The company buys equipment outright and resells, or facilitates sales on behalf of clients through brokerage and consignment arrangements.
2. Auction Services: Online auction platform enabling global buyers and sellers to transact on used equipment. Sellers reach a global audience while buyers access equipment at competitive prices. The company offers pre-auction planning and consulting services.
3. Professional Services: Appraisal, logistics, and relocation services. AMEA-certified experts provide detailed equipment appraisals. Logistics services include transportation, custom crating, skidding, rigging, and storage. Relocation services cover planning, transportation, and setup.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Surplus Solutions LLC buys, sells, and manages surplus and pre-owned laboratory, processing, and packaging equipment for pharmaceutical, biotech, nutraceutical, and life sciences companies. The company operates a proprietary online marketplace and weekly auction platform for used equipment across 120+ categories and 1,200+ brands, and provides end-to-end Equipment Lifecycle Management (ELM) including appraisal, logistics, relocation, brokerage, consignment, and outright purchase services.

Product overview

Surplus Solutions LLC operates a B2B marketplace and auction platform for buying and selling pre-owned laboratory, processing, packaging, and medical equipment. The core offering consists of a Used Lab Equipment Marketplace and Online Auctions platform, supplemented by Equipment Appraisal Services, Logistics Services, and Laboratory Relocation Services. The company manages the full equipment lifecycle from appraisal through final disposition. The 2024 acquisition of Fameco (European refurbished equipment leader) and 2025 acquisition of Certified Genetool (flow cytometry specialist) expanded their capabilities internationally and in specialized instrument categories. Equipment is sold through brokerage, consignment, outright purchase, or auction channels, with global reach across the US and Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• Used Lab Equipment Marketplace Online marketplace where buyers can browse, search, and purchase pre-owned laboratory, processing, and packaging equipment outright from SSLLC's inventory.
• Online Auctions Proprietary weekly online auction platform that enables global buyers and sellers to transact on used laboratory, packaging, and processing equipment through competitive bidding, with pre-auction planning and consulting services included.
• Equipment Appraisal Services AMEA-certified appraisal experts provide detailed, standards-compliant valuation reports for individual equipment items or entire facilities, used by clients to support disposition, insurance, and asset management decisions.
• Logistics Services End-to-end logistics support for high-value laboratory equipment, including transportation, custom crating, skidding, rigging, and storage through an extensive network of logistics partners and dedicated AirRide Trucks.
• Laboratory Relocation Services Comprehensive relocation service that plans, transports, and reinstalls laboratory equipment during facility transitions, covering every step from initial planning through final setup.
• Equipment Lifecycle Management End-to-end management program covering appraisal, storage, logistics, brokerage, consignment, outright purchase, and auction services for lab, processing, and packaging equipment, structured as a complete disposition and acquisition service for organizations managing equipment transitions.

Quantifiable outcome

• Customers report saving up to 90% by purchasing used lab equipment at auction compared to new equipment prices

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and supporting.

• Certified GenetoolcoreStrategic or Co-development Partner · 1 April 2025California-based provider of laboratory instruments and services based in San Francisco. Acquired to expand operations in biotech and pharmaceutical sectors. Certified Genetool brings 20+ years of expertise in flow cytometry and value-added services including equipment certification, installation, service repairs, warranties, and maintenance contracts.
• FAMECO Group ApScoreStrategic or Co-development Partner · 1 October 2024French company specializing in refurbishing and selling medical and lab equipment. Acquired to strengthen presence in European, Asian, and African markets. FAMECO operates a 40,000 sq ft facility in Vendenheim, France, adding expertise in HPLCs, Gas Chromatography Systems, Endoscopes, Dialysis Machines, and Ventilators.
• Leading Equipment ManufacturerssupportingOthersPartnerships with industry-leading manufacturers including Thermo Fisher Scientific, Beckman Coulter, Sartorius, Eppendorf, Agilent, and Waters to deliver consistent quality and reliability in equipment offerings.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• PerkinElmer: Large life sciences and diagnostics instrumentation company with an active pre-owned and trade-in program. Adjacent competitor on certified refurbished analytical and life sciences equipment.
• Transcat: Public calibration and instrumentation services company that also distributes test, measurement, and control equipment. Comparable in equipment lifecycle and calibration services, though broader in scope.
• Agilent Technologies: Major analytical instrument manufacturer operating a certified pre-owned equipment program. Competes with Surplus Solutions on certified used lab instruments, particularly in chromatography and mass spectrometry.

Direct peers

• Soma Technology: Refurbished medical and laboratory equipment dealer with sales, rental, and service offerings. Comparable in vertical mix (medical/lab), end-to-end lifecycle services, and enterprise customer focus.
• ReMedPar: Refurbished medical imaging and biomedical equipment reseller serving hospitals and healthcare systems. Closely comparable in refurbishment, resale, and lifecycle service model.
• Heritage Global Partners: Auction and asset disposition firm for industrial and lab equipment. Comparable auction-led model for surplus and used equipment sales across enterprise clients.
• GA Global Partners: Industrial and commercial auction house running online and live auctions for used equipment. Comparable in auction platform mechanics and surplus asset disposition.
• American Laboratory Trading: Direct competitor operating a used and refurbished laboratory equipment marketplace for the biotech and pharma sectors. Highly comparable business model with similar customer base and product breadth.
• Conquer Scientific: Used and refurbished laboratory equipment dealer for biotech, pharma, and academic buyers. Comparable marketplace-driven resale model with overlapping customer segments.
• International Equipment Trading Ltd. (IET): Used and refurbished laboratory, medical, and analytical instrument dealer serving global buyers. Comparable in product focus, customer base, and global resale operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/surplussolution
• Facebookfacebook.com/265971573491

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Surplus Solutions LLC