Equipnet

Overview

EquipNet, founded in 1999 and based in the United States, operates within the manufacturing sector, providing services that focus on asset management. The company addresses the challenges associated with managing under-utilized assets, which are prevalent in the manufacturing industry, where it is estimated that around 5% of a company’s global asset base may remain idle. EquipNet emphasizes a holistic approach to asset management, advocating for the optimization and streamlining of processes to enhance operational efficiency. The firm recognizes that many companies, particularly in the pharmaceutical and biotechnology sectors, face increasing complexities in asset management due to factors such as mergers and acquisitions, rising manufacturing costs, and the growing generics market. As a result, EquipNet offers specialized services to assist organizations in managing surplus assets effectively, which can include various disposition channels like redeployment and negotiated sales. The company’s expertise positions it as a resource for firms seeking to improve visibility and control over their asset portfolios while navigating the intricacies of the manufacturing landscape.

Industry