C.M. Company Auctions

What C.M. Company Auctions does

C.M. Company Auctions is a privately held, owner-operated online auction and business liquidation firm headquartered in Abilene, Texas, providing asset disposition services across Texas. The company was founded in 1999 (per the company history narrative) and claims over 25 years of operating experience, with the firmographic snapshot listing a foundation year of 2006 and a headcount of 1–10 employees. Services span business liquidation, fleet sales, inventory management, asset appraisals, and real estate auction work, delivered to four identified customer segments: businesses, fleet owners, municipalities, and government entities.

The firm's core product is the cmauctions.com online auction platform, which provides real-time bidding functionality, auction management tools, and is supplemented by a HiBid.com marketplace integration that extends buyer reach. Services are led by Texas Licensed Auctioneers Gregory Chittum (#13963) and Sandra Calvo (#18534), with Calvo providing bilingual capabilities in English and Spanish — a differentiator in Texas. Distribution combines a consultation-based direct sales motion (phone and email engagement, primary number 325-677-3555) with a self-serve bidder funnel through the online platform and HiBid marketplace. Marketing reaches buyers and sellers via owned organic social channels on Facebook, TikTok, YouTube, Instagram, and LinkedIn.

The business operates on a transaction-fee / professional-services revenue model: fees are earned from running auctions on behalf of sellers (businesses, fleet owners, government agencies, municipalities), supplemented by appraisal service fees. Pricing is not publicly disclosed and is handled on a contact/consultation basis. No external funding, parent company structure, or institutional investment has been disclosed in the available source material; ownership and operational control rest with the two named licensed auctioneers.

Name

C.M. Company Auctions

Legal name

C.M. Company Auctions

Website

https://cmauctions.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

C.M. Company Auctions is a privately held, Abilene-based online auction and business liquidation firm serving businesses, fleet owners, municipalities, and government entities across Texas. It operates the cmauctions.com platform integrated with HiBid.com, led by two Texas Licensed Auctioneers.

Ownership category

akta.pro rank

Product category

Auction and Liquidation Services

NAICS

Wholesale Trade Agents and Brokers (4251)

SIC

Wholesale-Machinery, Equipment & Supplies (5080)

akta.pro primary industry

Auction-based Generalist Marketplaces (CRAFAAAC)

akta.pro secondary industries

Commercial Real Estate Auctions (BPAJAEAB), Wholesale Vehicle Auctions (Physical & Online) (TLABAKAA), B2B Liquidation Auctions & Asset Disposition Retail (CRAEAFAG)

Keywords

• Business liquidation services
• Online auction platform
• Fleet sales auctions
• Asset appraisal services
• Real estate auctions

Headquarters

HQ city

Abilene

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Auction Transaction Fees: Revenue generated from conducting auctions for sellers. The company charges fees for professional liquidation, inventory management, appraisals, and real estate auction services across Texas.
2. Business Liquidation Services: Professional liquidation services for businesses, government entities, and fleet owners with one item or entire fleets of trucks and equipment.
3. Appraisal Services: Inventory and asset appraisals provided as part of the auction and liquidation service offering.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

C.M. Company Auctions provides professional auction, liquidation, inventory management, appraisal, and real estate auction services for businesses, fleet owners, municipalities, and government entities throughout Texas. The company operates the cmauctions.com online auction platform integrated with HiBid.com to give sellers maximum exposure and buyers a professional bidding experience. Services are delivered by Texas Licensed Auctioneers and supported by a multi-channel digital presence.

Product overview

C.M. Company Auctions operates primarily as an online auction platform (cmauctions.com) that serves as a centralized hub for sellers and buyers. The company offers a suite of liquidation services including business liquidation, fleet sales, inventory management, appraisals, and real estate auctions—all coordinated through their online platform and supplemented by listings on the HiBid marketplace. Their services target businesses, fleet owners, municipalities, and government entities throughout Texas. The core product is the cmauctions.com platform, with professional auctioneer services providing the operational expertise to execute auctions across all asset categories.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Auction Platform (cmauctions.com) Modern online auction platform enabling sellers to liquidate assets, manage inventory, and reach Texas buyers, with real-time bidding and HiBid marketplace integration.
• Business Liquidation Services Professional business liquidation services helping companies efficiently sell assets, inventory, equipment, and fleet vehicles through auction-based disposition.
• Fleet Sales Services Specialized auction services for fleet owners to sell trucks, vehicles, and heavy equipment through the online auction platform to a broad Texas and HiBid buyer base.
• Inventory Management Comprehensive inventory management services supporting sellers throughout the auction process, from asset listing to final sale completion.
• Appraisal Services Professional asset appraisal services conducted by Texas Licensed Auctioneers to determine fair market values for businesses and government entities.
• Real Estate Auction Services Auction services for real estate properties, enabling sellers to liquidate real estate assets through competitive bidding processes.
• Government and Municipal Auction Services Auction services for government entities and municipalities seeking to liquidate surplus equipment, vehicles, and assets through compliant procurement processes.

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

One partnership is on record.

• HiBid.comcoreChannel Partner/ Reseller/ DistributorC.M. Company Auctions lists active auctions on HiBid.com marketplace, providing their sellers with access to HiBid's buyer network and platform infrastructure. This integration gives sellers maximum exposure through the HiBid marketplace while buyers benefit from a professional bidding experience.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Liquidity Services: Operates a network of B2B liquidation marketplaces (GovDeals, Liquidation.com, NetworkIntl, etc.) connecting sellers of surplus inventory, equipment, and government assets to buyers. Directly comparable to C.M. Company Auctions' business liquidation, government, and asset disposition services, though at national scale.
• GovDeals: Online auction marketplace focused on government and municipal surplus assets (vehicles, equipment, real estate). Closely overlaps with C.M. Company Auctions' government and municipal auction services, though GovDeals serves agencies nationwide rather than a single state.
• Copart: National online vehicle auction platform serving sellers (fleets, dealers, insurers, individuals) and buyers. Comparable to C.M. Company Auctions' fleet and vehicle liquidation services, though at vastly larger scale and with a national buyer network.
• Purple Wave Auction: Online auction platform specializing in agricultural equipment, construction equipment, trucks, and fleet vehicles. Closely comparable to C.M. Company Auctions' fleet and heavy equipment auction offerings with an online-first model.
• Auction.com: Online real estate auction marketplace for residential, commercial, and bank-owned properties. Comparable to C.M. Company Auctions' real estate auction services, though operating at a national institutional scale.
• EquipmentFacts: Online auction platform focused on construction equipment, trucks, and heavy machinery for contractors and fleet owners. Directly comparable to C.M. Company Auctions' fleet and equipment auction services.
• J.J. Kane Auctioneers: Auctioneer specializing in public-sector and contractor equipment liquidation including trucks, heavy equipment, and municipal surplus. Comparable to C.M. Company Auctions' government/municipal and equipment auction services.

Broad incumbents

• Ritchie Bros. Auctioneers: Large global auctioneer of heavy equipment, trucks, and industrial assets with both online and physical auction formats. Comparable to C.M. Company Auctions' fleet and equipment liquidation services as a much larger incumbent serving the same asset categories.
• Heritage Auctions: Large generalist auction house operating across collectibles, real estate, and specialty asset categories. Comparable to C.M. Company Auctions' multi-category auction platform model, though focused on higher-value collectibles and specialty assets.

Others

• HiBid: Online auction marketplace and aggregator that hosts third-party auctioneer listings, including C.M. Company Auctions' inventory. Listed as OTHERS because HiBid is a channel partner/technology enabler rather than a direct competitor to the firm's auction services.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCExA8td_Wvu6a0HNELvWoSg
• Facebookfacebook.com/CMCompanyAuctions
• LinkedInlinkedin.com/company/cmauctions
• Instagraminstagram.com/cm_auctions
• TikToktiktok.com/@cmauctions?lang=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about C.M. Company Auctions