# Surplex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/surplex

- Industry: Internet
- Headquarters: Dusseldorf, Germany
- Website: www.surplex.com/en/
- Total disclosed funding: $28M
- Latest round: Series B (Dec 14, 2000)
- Investors on record: 5

## About

Surplex GmbH, based in Germany, specializes in online auctions for used machinery and industrial equipment, offering a streamlined platform for buying and selling industrial assets.Founded in 1999, Surplex GmbH operates as an auction house for industrial machinery. The company is based in Dusseldorf, Germany. The Carlyle Group led the Series B funding round, raising EUR 30.000 mn, which reflects the company’s position as a target for investments. Surplex has successfully completed 3 deals, showcasing its growth trajectory.Surplex operates as a leading auction house specializing in used machinery and industrial equipment. The company provides a comprehensive marketplace for buying and selling a wide range of industrial machinery, tools, and complete production lines. Key offerings include classic and contemporary machine tools, CNC machining centers, woodworking equipment, and metalworking machinery, catering to diverse sectors such as manufacturing, construction, and logistics. Surplex serves a global clientele, with customers spanning from small workshops to large enterprises across Europe, including markets like Germany, Italy, Spain, and France. The platform facilitates seamless transactions by providing services such as dismantling, loading, and customs clearance in up to 20 languages, thus enhancing accessibility to a broader international audience.Surplex generated revenue of EUR 127,266,926.4 in 2021, with an EBITDA amounting to EUR 5,849,700.6. The company primarily earns through auction services, where clients sell machinery through competitive bidding or purchase equipment directly. The transaction structure includes fees for sellers and a buyer's premium on final bid prices, reflecting market demand for specific machinery. Customers can also engage in direct sales for high-quality equipment at fixed prices, allowing for immediate acquisition. Surplex also offers tailored assistance in machinery valuation and marketing, optimizing the sales process for both buyers and sellers.Surplex aims to expand its product offerings and enhance its auction platform. The company has plans to enter new markets across Europe and is considering initiatives aimed at improving its service capabilities. The recent funding round led by the Carlyle Group, which totaled EUR 30.000 mn, will support these expansion efforts and the development of new features to meet the evolving needs of its global clientele.

## Funding rounds

- Series B, Dec 14, 2000, $28M — Carlyle Group, Global Asset Capital, Upfront, b-business partners, Henkel AG & Co. KGaA

## Investors

- Carlyle Group (https://capitalatlas.ai/funds/carlyle-group) — Series B
- Global Asset Capital (https://capitalatlas.ai/funds/global-asset-capital) — Series B
- Upfront (https://capitalatlas.ai/funds/upfront) — Series B
- b-business partners (https://capitalatlas.ai/funds/b-business-partners) — Series B
- Henkel AG & Co. KGaA — Series B