Centurion Service Group

What Centurion Service Group does

Centurion Service Group operates the largest online auction marketplace for surplus and retired medical equipment in the United States, serving as an end-to-end disposition platform for hospitals, health systems, ambulatory surgery centers, and asset-based lenders. Founded circa 2000 and headquartered in Franklin Park, Illinois, the company operates four warehouse locations across Charlotte, Chicago, Dallas, and Phoenix, totaling more than 400,000 square feet of indoor medical equipment storage capacity — the largest national footprint in the healthcare asset disposition space. Centurion runs 100+ auctions annually covering 40+ clinical equipment modalities, selling 120,000+ pieces of equipment per year to thousands of domestic and international buyers through its timed online auction portal at bid.centurionservice.com.

The core technology stack consists of two proprietary web platforms: the auction portal enabling 24/7 buyer bidding on timed and live virtual auctions, and a seller portal at client.centurionservice.com providing real-time asset tracking from deinstallation through auction settlement, with detailed settlement statements and historical relationship dashboards. Value-added services include Centurion Verified (biomedical technician inspection and functional verification), Centurion Exchange (internal reallocation platform for health systems), and Trade or Not Trade (OEM trade-in comparison valuations). Centurion has handled 400+ healthcare facility closures and maintains the industry's largest proprietary database of medical equipment sales and valuations.

Revenue is generated primarily through a 20% buyer's premium on auction transactions, supplemented by 3% credit card convenience fees, shared transportation cost deductions, and professional services fees for certified appraisals, equipment planning, deinstallation, facility closure management, and inspection services. Centurion became a wholly-owned subsidiary of TRIMEDX in December 2020, integrating its auction capabilities into TRIMEDX's broader clinical asset management platform that oversees more than $30 billion in clinical assets. The go-to-market combines dedicated regional account management for enterprise healthcare clients across six US territories, inside sales through self-serve portals, and event-driven demand generation at healthcare industry conferences.

Name

Centurion Service Group

Legal name

Centurion Service Group

Website

https://centurionservice.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Centurion Service Group operates the largest US online auction marketplace for surplus and retired medical equipment, selling 120,000+ pieces annually across four warehouse locations to hospitals, ambulatory surgery centers, and asset-based lenders, and is a wholly-owned subsidiary of TRIMEDX.

Ownership category

akta.pro rank

Product category

Surplus Medical Equipment Auction Marketplace

NAICS

Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450), Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (42345), Repossession Services (561491)

SIC

Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

B2B Liquidation Auctions & Asset Disposition Retail (CRAEAFAG)

akta.pro secondary industry

Auction-based Generalist Marketplaces (CRAFAAAC)

Keywords

• Surplus medical equipment auctions
• Healthcare asset disposition
• Medical equipment liquidation
• Hospital equipment resale
• Used medical equipment marketplace

Headquarters

HQ city

Franklin Park

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Auction Transaction Fees: 20% buyer's premium charged on all auction purchases, plus 3% convenience fee for credit card payments. Sellers share transportation costs with Centurion from auction proceeds.
2. Professional Services: Full-service equipment disposition including certified appraisals, trade-in value verification, equipment planning and disposal, reallocation and deinstallation, and facility closure management.
3. Equipment Financing Partnership: Partnership with Taycor Financial provides equipment financing and leasing to buyers, generating referral or partnership revenue for Centurion.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Centurion Service Group operates an online auction marketplace that connects healthcare facilities (hospitals, ambulatory surgery centers, and health systems) selling surplus medical equipment with thousands of domestic and international buyers. The platform is supported by end-to-end disposition services including equipment planning and disposal, reallocation, deinstallation, facility closure liquidation, trade-in appraisals, and a verification inspection program, all backed by four warehouse locations and a transparent seller portal.

Product overview

Centurion Service Group operates a platform-based marketplace for surplus medical equipment disposition. The core offering consists of the Auction Portal (bid.centurionservice.com) for buyer participation in timed and live virtual auctions, and the Seller Portal (client.centurionservice.com) for sellers to track assets through the disposition lifecycle. The platform is supplemented by value-added services including Centurion Verified (equipment inspection and verification), Trade or Not Trade (trade-in valuations against OEM offers), Centurion Exchange (internal reallocation platform), and Equipment Planning and Disposal (logistics and removal services). Additional services include Reallocation and Deinstallation, Facility Closures and Liquidation, and Medical Equipment Selling. A financing partnership with Taycor enables buyer equipment leasing. The company conducts over 100+ auctions annually across four warehouse locations (Charlotte, NC; Chicago, IL; Dallas, TX; Phoenix, AZ), offering equipment across 40+ clinical modalities including radiology, biomedical, patient support, and fixed assets.

Differentiator

Problem solved

Functional benefit

Brands

• Centurion Verified: Equipment inspection program where used medical equipment undergoes limited inspection and is verified to meet certain functional and performance standards at time of inspection, prior to being sold at auction. Equipment is inspected by a qualified biomedical technician.

Products and services

• Medical Equipment Auctions

Quantifiable outcome

• 20%+ return on asset disposition above OEM trade-in value
• +7 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core, major and flagship.

• Auction Advisors, LLCcoreStrategic or Co-development Partner · 29 April 2026Premier auction and liquidation firm partnership for strategic sales and targeted global marketing. Combined expertise for major asset liquidation auctions including Fromer Eye Centers closure, leveraging Auction Advisors' marketing expertise alongside Centurion's auction platform.
• B. Riley Wholesale & Industrial Solutions, LLCmajorStrategic or Co-development Partner · 9 September 2024Partnership for hospital closure auctions including Carney Hospital, Nashoba Valley Medical Center, and Miami Medical Center. B. Riley provides wholesale and industrial solutions expertise for complex asset liquidation.
• TRIMEDXflagshipOthers · 2 December 2020TRIMEDX acquired Centurion Service Group as a subsidiary to expand clinical asset management offering. Integration enables TRIMEDX clients to maximize value from excess medical equipment through Centurion auctions while Centurion clients benefit from TRIMEDX's clinical asset management ecosystem.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Dotmed: Online marketplace for buying and selling used medical equipment, including listings, auctions, and dealer directories. Direct competitor to Centurion's online auction portal across similar hospital and dealer buyer segments.
• MFI Medical: Distributor of new, refurbished, and used medical equipment with installation, deinstallation, and trade-in services for hospitals and imaging centers. Comparable to Centurion's used equipment marketplace and lifecycle services.
• AllParts Medical: Independent service organization and parts provider for medical imaging equipment, including resale of used systems. Adjacent competitor in the disposition of radiology and imaging assets that Centurion also auctions.
• Direct Medical Systems: Refurbished medical imaging and biomedical equipment dealer offering sales, service, and deinstallation. Competes with Centurion for hospital surplus imaging and biomedical equipment dispositions.
• MedCorp: Refurbished and used medical equipment reseller serving hospitals and surgery centers with trade-in, purchase, and deinstallation services. Comparable to Centurion's full-cycle disposition and trade-in workflow.

Regional players

• AGITO Medical: European-based reseller of pre-owned medical imaging and hospital equipment with global buyer reach. Comparable to Centurion in modality breadth and lifecycle services, but primarily serving EMEA-based sellers and buyers.

Broad incumbents

• GE HealthCare (Refurbished / GoldSeal): Major OEM with a certified pre-owned and trade-in program for imaging and biomedical equipment, including deinstallation and logistics. Represents both a supply source and a competitive alternative to Centurion's auction model.
• Hilrom (Hillrom / Baxter) Trade-In Programs: OEM of patient support and clinical equipment (now part of Baxter) with structured trade-in and end-of-life disposition programs. Comparable to Centurion for hospital bed and patient support equipment disposition.
• Philips Healthcare (Certified Refurbished): Global OEM offering trade-in, certified refurbished imaging, and multivendor services that compete with Centurion for hospital disposition mandates and trade-in decisions.

Others

• B. Riley Wholesale & Industrial Solutions: Auction and liquidation firm partnering with Centurion on hospital closure events such as Carney Hospital and Nashoba Valley. An adjacent ecosystem participant and occasional co-bidder for large healthcare liquidation mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CentServGrp
• Facebookfacebook.com/CenturionServiceGroup
• LinkedInlinkedin.com/company/centurion-service-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Centurion Service Group