Perfection Global, LLC
Perfection Global is a privately held industrial asset solutions firm founded in 1963 in Elk Grove Village, IL, that buys, sells, auctions, appraises, and finances used industrial machinery and serves Fortune 500 manufacturers across aerospace, metalworking, oil and gas, pharmaceuticals, and heavy manufacturing.
- Company typePrivate
- Founded1963
- HeadquartersElk Grove Village, Il, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Perfection Global, LLC does
Perfection Global, LLC is a privately held industrial asset solutions company founded in 1963 and headquartered in Elk Grove Village, Illinois, near Chicago's O'Hare International Airport. The company operates a multi-division platform that buys, sells, appraises, auctions, and finances used industrial machinery, primarily CNC machine tools, metalworking equipment, stamping presses, lasers, and fabrication machinery. Its core product surface includes a used industrial machinery inventory marketplace, live webcast and timed-online auctions (nearly 70 conducted annually), a Surplus Asset Management (SAM) program with a proprietary Member Portal for Fortune 500 multi-facility clients, and professional machinery appraisals delivered by Certified Equipment Appraisers. The company is also the leading North American distributor of new Komatsu servo and mechanical stamping presses, demonstrated at its 86,000 sq. ft. showroom, and operates Perfection Processing Equipment to serve the pharmaceutical and laboratory equipment vertical.
The business operates three core subsidiaries: Perfection Industrial Sales (auctions and liquidations), Perfection Financial Solutions (asset-based bridge loans, working capital, sale-leaseback, and bank note purchases), and Perfection Processing Equipment (pharma/lab equipment). Revenue is generated through a mix of transaction-based commissions on equipment sales, auction transaction fees, appraisal fees, Komatsu distribution margin, financing referral fees, and warehouse leasing income at the Elk Grove Village campus. The go-to-market is sales-led with enterprise field sales for large transactions, inside sales for inquiries and quotes, event-driven auction marketing via global email campaigns and geo-targeted ads, and channel partnerships with industry marketplaces and third-party commercial lenders. Customer segments span Aerospace & Defense, Construction & Agricultural Equipment, Metalworking, Oil & Gas, Pharmaceuticals, and Heavy Manufacturing, with named enterprise clients including Caterpillar, GSK, Alcoa, Halliburton, Siemens Energy, John Deere, Smith & Nephew, Spirit AeroSystems, Progress Rail, Allison Transmission, Reliance, and Crown Holdings. The company claims $100M+ in annual equipment sales volume across 25,000+ transactions per year in 100+ countries.
Perfection Global, LLC firmographics
Firmographics- Name
- Perfection Global, LLC
- Legal name
- Perfection Global, LLC
- Website
- https://perfectionglobal.com
- Company type
- Private
- Founded year
- 1963
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Perfection Global is a privately held industrial asset solutions firm founded in 1963 in Elk Grove Village, IL, that buys, sells, auctions, appraises, and finances used industrial machinery and serves Fortune 500 manufacturers across aerospace, metalworking, oil and gas, pharmaceuticals, and heavy manufacturing.
- Ownership category
- akta.pro rank
Perfection Global, LLC industry classification
Industry- Product category
- Industrial Machinery Brokerage and Auction Services
- NAICS
- Industrial Machinery Manufacturing (33324), All Other Industrial Machinery Manufacturing (333248)
- SIC
- Wholesale-Industrial Machinery & Equipment (5084), Wholesale-Machinery, Equipment & Supplies (5080), General Industrial Machinery & Equipment, Nec (3569)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industries
- Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers) (IMAHAHAH), Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG), Capping, Sealing & Closing Machines (IMAHAOAG)
Keywords
Where Perfection Global, LLC is headquartered
LocationHeadquarters
- HQ city
- Elk Grove Village, Il
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Perfection Global, LLC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Technology or R&D
Revenue model
- Used Machinery Sales: Direct sales of used industrial machinery including CNC machines, metal fabrication equipment, and manufacturing assets. Revenue generated from transaction fees on equipment sales.
- Auction Services: Industrial machine auctions and liquidation services. Conducts nearly 70 auctions per year including live webcast and timed-online events. Sellers pay end-to-end support services including cataloging and promotion.
- Surplus Asset Management: 100% commission-based sales model for managing surplus assets. Clients pay only when equipment is successfully sold. Includes confidential asset evaluation and global marketing.
- New Komatsu Press Distribution: Distribution of new Komatsu servo and mechanical stamping presses as leading North American distributor. Includes sales, demonstrations, and after-sales support.
- Equipment Appraisals: Professional machinery valuations by Certified Equipment Appraisers (CEA) from AMEA and ASA. Provides valuations for various business purposes including accounting, asset transfers, estate planning, financing, insurance, legal, and M&A needs.
- Financial Solutions: Bridge loans and short-term working capital loans based on asset value. Sale-leaseback products and bank note purchases. Revenue from interest and transaction fees.
- Machinery Financing Facilitation: Connects buyers with third-party commercial lenders for equipment financing. Not a direct lender; earns referral/arrangement fees from financing partnerships.
- Warehouse Space Leasing: Leases warehouse space at Elk Grove Village facility including overflow storage with crane access, rail spur, and drive-in loading. Flexible short- and long-term lease options.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Surplus Asset Management - Commission-based sales |
| Other | Pay-as-you-go | Equipment Appraisals |
| Other | Multi-year contract | Bridge Loans & Short-term Working Capital |
| Usage-based | Monthly | Equipment Financing |
Go-to-market motion7 records
Distribution channels7 records
Marketing channels8 records
Perfection Global, LLC product offering
Product offeringCore offering
Perfection Global buys, sells, and brokers used industrial machinery (CNC machines, lathes, machining centers, presses, lasers, fabrication equipment) from an 86,000 sq. ft. showroom near Chicago O'Hare. The company runs live webcast and timed-online industrial auctions and liquidations, provides commission-based Surplus Asset Management programs, delivers certified equipment appraisals, distributes new Komatsu servo and mechanical stamping presses across North America, facilitates machinery financing through third-party lenders, and offers asset-based bridge loans and short-term working capital through its Perfection Financial Solutions division.
Product overview
Perfection Global is an industrial asset solutions provider offering a comprehensive suite of services centered on used and new machinery. The core offerings include a used industrial machinery sales marketplace (featuring CNC lathes, machining centers, presses, lasers, and fabrication equipment), live and timed-online industrial auctions and liquidations, surplus asset management with a proprietary Member Portal, equipment appraisals by certified appraisers, and machinery financing through third-party commercial lenders. The company also serves as a North American distributor for new Komatsu servo and mechanical presses, offers pharmaceutical and laboratory equipment services, and provides industrial warehouse space for lease at its Elk Grove Village headquarters. Financial solutions including bridge loans and working capital are available through its Perfection Financial Solutions division.
Differentiator
Problem solved
Functional benefit
Products and services
- Used Industrial Machinery Sales
Quantifiable outcome
- Nearly 70 industrial machine auctions conducted annually for major clients
- +4 more outcomes
Companies that use Perfection Global, LLC
Customer profileNamed customers16 records
Segments8 records
Ideal customer profiles5 records
Perfection Global, LLC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Perfection Global, LLC partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- KomatsucorePerfection Global is a leading North American distributor of new Komatsu servo and mechanical stamping presses. The partnership includes a dedicated Komatsu North American Showroom at Perfection's Elk Grove Village headquarters where equipment can be seen under power for demonstrations. Komatsu technicians are on-hand to answer engineering and service questions. Perfection also offers trade-ins toward Komatsu purchases and financing options.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Perfection Global, LLC competitors and assessment
Company assessmentDirect peers
- CIM Industrial Auctioneers: CIM is a North American industrial auction house specializing in CNC, fabrication, and metalworking equipment liquidations. It is a direct competitor for the same auction clients and asset categories that drive Perfection Global's ~70 annual auction events.
- Hilco Industrial: Hilco Industrial is a direct competitor offering industrial asset disposition, auctions, appraisals, and valuation services across multiple verticals. It mirrors Perfection Global's Fortune 500 client focus and full-lifecycle service stack, making it the closest benchmark for the auction/appraisal side of Perfection's business.
- Rabin Worldwide: Rabin Worldwide conducts industrial and commercial auctions and dispositions globally, including heavy machinery and plant liquidations. It is directly comparable to Perfection Global's auction business for multi-million-dollar enterprise facility dispositions.
- Gordon Brothers: Gordon Brothers provides asset valuation, liquidation, and disposition services with a strong industrial and commercial focus. It is directly comparable on enterprise plant closures, surplus monetization, and appraisal engagements — the same workflow Perfection Global monetizes with Caterpillar, GSK, and Alcoa.
- Heritage Global Partners: Heritage Global runs industrial and commercial auctions, valuations, and asset disposition for large enterprises. It competes with Perfection Global for the same auction mandates from Fortune 500 industrials and offers similar certified appraisal and surplus management capabilities.
- Tauber-Arons Auctions: Tauber-Arons is an industrial auction and liquidation specialist focused on CNC machine tools, metalworking, and production facility closures. It competes directly with Perfection Global's industrial sales and auction business for the same metalworking customer base.
- Maynards Industries: Maynards is a global industrial auctioneer and asset disposition firm handling plant liquidations, machinery auctions, and appraisals. It is a head-to-head competitor for the same large-scale liquidation mandates Perfection Global secures in aerospace, automotive, and heavy manufacturing.
Emerging players
- Surplus Record: Surplus Record is one of the largest online marketplaces for used industrial machinery and equipment, with listings across CNC, fabrication, and metalworking. It is an emerging digital-first competitor to Perfection Global's used inventory and auction discovery channels, particularly for mid-market machine shops.
Broad incumbents
- Liquidity Services: Liquidity Services operates Liquidation.com and related marketplaces for industrial and commercial surplus, including GovDeals for government assets. As a publicly traded incumbent, it competes with Perfection Global across auction, marketplace, and SAM-style programs at much greater scale and with stronger digital tooling.
- RB Global (Ritchie Bros. Auctioneers): RB Global owns Ritchie Bros., IronPlanet, and other used equipment auction brands with global reach across construction, transportation, and industrial assets. It is a broad incumbent competing with Perfection Global on enterprise fleet and plant liquidations, though focused more on heavy mobile equipment than stationary CNC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Perfection Global, LLC social profiles
Digital presencePerfection Global, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Perfection Global, LLC leadership team
Management profileNumber of profiles
Profiles1 record
Perfection Global, LLC subsidiaries and ownership
Company hierarchySubsidiaries3 records
Perfection Global, LLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Perfection Global, LLC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Perfection Global, LLC
What does Perfection Global, LLC do?
Perfection Global buys, sells, and brokers used industrial machinery (CNC machines, lathes, machining centers, presses, lasers, fabrication equipment) from an 86,000 sq. ft. showroom near Chicago O'Hare. The company runs live webcast and timed-online industrial auctions and liquidations, provides commission-based Surplus Asset Management programs, delivers certified equipment appraisals, distributes new Komatsu servo and mechanical stamping presses across North America, facilitates machinery financing through third-party lenders, and offers asset-based bridge loans and short-term working capital through its Perfection Financial Solutions division.
Is Perfection Global, LLC a public or private company?
Perfection Global, LLC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Perfection Global, LLC founded?
Perfection Global, LLC was founded in 1963. It employs 11 to 50 people.
Where is Perfection Global, LLC based?
Perfection Global, LLC is headquartered in Elk Grove Village, Il, United States, in the North America region.
How does Perfection Global, LLC make money?
Eight revenue lines are on record. Used Machinery Sales are the primary driver. The others are auction Services, surplus Asset Management, new Komatsu Press Distribution, equipment Appraisals, financial Solutions, machinery Financing Facilitation and warehouse Space Leasing.
Who are Perfection Global, LLC's main competitors?
Direct peers on record are CIM Industrial Auctioneers, Hilco Industrial, Rabin Worldwide, Gordon Brothers, Heritage Global Partners, Tauber-Arons Auctions and Maynards Industries. Surplus Record is listed as an emerging player. Broad incumbents are Liquidity Services and RB Global (Ritchie Bros. Auctioneers).
Does Perfection Global, LLC have an API?
No public API is recorded for Perfection Global, LLC.
What industry is Perfection Global, LLC in?
Perfection Global, LLC's product category is Industrial Machinery Brokerage and Auction Services. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAHAHAH, Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers). Its NAICS code is 33324 and its SIC code is 5084.