Global Salvage Sales

What Global Salvage Sales does

Global Salvage Sales (operating under the brand Global Salvage Buyer) runs a digital marketplace and direct-purchase platform for insurance salvage and total-loss (CTL) assets. The company acquires damaged or decommissioned specialty assets — including aircraft, yachts, ships, heavy machinery, vehicles, oil & gas equipment, cargo, and artwork — directly from insurance companies, adjusters, brokers, underwriters, and asset owners, then resells them through its global auction platform. Headquartered in Fort Lauderdale, the firm operates worldwide with transaction evidence across the USA, Germany, Greece, Australia, UK, Brazil, Mexico, Canada, Turkey, and the Bahamas, and offers a bundled set of services around each transaction.

The product surface is built around a core auction platform with several integrated modules: a Same Day Solution offering written cash offers and 24-hour transaction closure, Doc Assistance for titling, lien release, and ownership transfer, Salvage Value evaluations and market reports, Quick Inspections using augmented-reality computer vision for remote asset assessment, and specialized modules for vessel scrap/recycling, towing and ocean transport, hurricane/catastrophe response, and end-to-end recovery operations. The technology stack combines a self-serve web platform with API integration for high-volume sellers and AR-based visual inspection capability.

The business model is two-fold: (1) principal buying — purchasing total-loss and salvage assets at a discount and reselling through the marketplace, capturing the spread between acquisition and resale prices; and (2) valuation, documentation, and ancillary services supporting insurance claims settlement. Go-to-market is hybrid — a digital self-serve funnel with online forms, email intake, and API access, supplemented by enterprise field engagement with insurance carriers, maritime firms, and large asset managers. Pricing is quote-based and not publicly disclosed, and credit-card-verified buyer registration suggests gating of bidding access. The company is privately held, founder/management owned, and reports 1-10 employees.

Name

Global Salvage Sales

Legal name

Global Salvage Buyer

Website

https://globalsalvagesales.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Global Salvage Sales operates a digital auction marketplace and direct-purchase platform for insurance salvage and total-loss assets — aircraft, yachts, ships, machinery, vehicles, and cargo — serving insurance carriers, adjusters, brokers, and asset owners worldwide with same-day cash offers and global pickup.

Ownership category

akta.pro rank

Product category

Salvage Asset Auction Marketplace

NAICS

Merchant Wholesalers, Durable Goods (423), Other Commercial Equipment Merchant Wholesalers (42344), Automobile and Other Motor Vehicle Merchant Wholesalers (423110)

SIC

Wholesale-Machinery, Equipment & Supplies (5080), Wholesale-Durable Goods, Nec (5099)

akta.pro primary industry

Salvage, Total Loss & Insurance Auction Services (TLABAKAH)

akta.pro secondary industries

Asset Recovery & Decommissioning (Derelict Vessels, Abandoned Property) (IMAJANAI), Salvage Engineering, Surveying & Claims Support (IMAJANAH)

Keywords

• Salvage asset auctions
• Total loss asset disposal
• Insurance salvage marketplace
• Marine salvage services
• Global auction marketplace

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Asset Acquisition and Resale: Global Salvage Buyer purchases total loss and salvage assets (airplanes, ships, yachts, heavy machinery, vehicles, cargo) at discounted prices from insurance companies, asset owners, and brokers. They then resell these assets through their platform, generating margin between acquisition and resale prices.
2. Valuation and Documentation Services: The company offers salvage value evaluations, instant cash offers, and detailed market value reports to help settle insurance claims. They also provide document assistance for titling, lien release, and ownership transfer.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Global Salvage Sales operates a digital auction marketplace for buying and selling insurance salvage and total loss (CTL) assets worldwide, including aircraft, yachts, ships, heavy machinery, vehicles, and cargo. The company purchases specialty assets directly from insurance companies, adjusters, and asset owners with same-day cash offers and 24-hour transaction completion. It also provides augmented reality inspections, salvage value evaluations, documentation/ownership transfer assistance, vessel recycling, towing/transport, hurricane recovery, and end-to-end salvage operations management.

Product overview

Global Salvage Buyer operates a unified platform combining a global auction marketplace for salvage and total loss assets with integrated service modules. The core platform enables buying and selling of CTL (Constructive Total Loss) and salvage assets across air, land, and marine categories including aircraft, yachts, ships, heavy machinery, vehicles, farm equipment, oil & gas, and artwork. Supporting modules include Same Day Solution for instant cash offers with 24-hour transaction completion, Doc Assistance for titling and ownership transfer, Salvage Value for market evaluations, Quick Inspections using augmented reality technology, Vessel Scrap/Recycling, Towing/Sea Transport, Hurricane/CAT Expertise, and Recovery Operations Management. The platform serves insurance companies, adjusters, brokers, underwriters, and asset owners globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Auction Platform A global online marketplace that enables buying and selling of salvage and total loss (CTL) assets across aircraft, yachts, ships, heavy machinery, vehicles, cargo, and specialty items. Open to insurance companies, adjusters, brokers, underwriters, and asset owners worldwide.
• Same Day Solution Instant cash purchase offers for salvage and total loss assets with complete sale execution, including ownership transfer and payment processing, in as little as 24 hours.
• Quick Inspections (AR)

Quantifiable outcome

• Same-day written offer with immediate cash purchase price
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

One partnership is on record.

• Marine Salvage BuyercoreOthersMarine Salvage Buyer is shown as a partner in the 'Our Partners' section. The relationship appears to be a related brand or sister company operating in the marine salvage space, sharing the same industry focus and potentially complementary capabilities.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Donjon Marine: Marine salvage, heavy lift, and emergency response company serving the US East Coast. Competes with Global Salvage on marine vessel salvage, wreck removal, and emergency response, including hurricane/CAT response services.
• Liquidity Services: Operates online auction marketplaces (GovDeals, Liquidation.com, AllSurplus) for surplus, salvage, and total loss assets. Comparable business model of digital marketplace for 'hard-to-sell' specialty assets with insurance and government customers — direct competitor in the salvage auction space.
• Gregg Baker Salvage: Specialized broker for marine vessels, offshore structures, and oil & gas equipment salvage. Direct competitor in the marine/commercial vessel salvage space where Global Salvage lists significant recent offers (bulk carriers, oil tankers, yachts).

Broad incumbents

• Copart: The largest US-based salvage vehicle auction company, operating a global online auction platform connecting sellers (primarily insurance companies) with buyers. While Copart primarily focuses on total-loss vehicles, its model and customer base (insurance carriers needing rapid total loss disposal) directly overlap with Global Salvage Sales.
• Adesa: Wholesale vehicle auction company operating across North America, part of KAR Auction Services. Competes with Global Salvage on vehicle and fleet remarketing, particularly serving dealer and commercial customers.
• Ritchie Bros. Auctioneers (RB Global): Global auction company for heavy equipment, trucks, and industrial assets. Directly competes with Global Salvage on the heavy machinery, construction equipment, and large truck segments, with a much larger online auction infrastructure and global buyer network.
• Manheim: Cox Automotive's wholesale vehicle auction platform, operating the largest physical and digital auction network in North America. Competitor for vehicle and fleet remarketing services within Global Salvage's land/auto vertical.
• IAA (Insurance Auto Auctions): Major total-loss and salvage vehicle auction company, now owned by RB Global. Operates auction facilities across North America and serves insurance companies needing to dispose of total loss vehicles — directly comparable to Global Salvage's insurance salvage offering, though IAA specializes in vehicles.

Emerging players

• AAR Corp: Aviation aftermarket services company including aircraft maintenance, repair, and parts distribution. Adjacent competitor for aircraft salvage and component recovery, relevant to Global Salvage's aircraft category.
• AssetNation: Online marketplace for buying and selling used, surplus, and salvage assets including industrial equipment and heavy machinery. Direct competitor in the digital salvage marketplace model, though smaller scale than Global Salvage's offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/globalsalvagebuyer
• LinkedInlinkedin.com/company/global-salvage-sales
• Instagraminstagram.com/globalsalvagebuyer

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Global Salvage Sales