Surplex is Now Powered by TBAuctions’ Technology: A New Era for Digital B2B Auctions

Through this transition, Surplex’s 25-year reputation for trusted service and expertise continues and grows. The company provides top-tier industrial auction solutions with its strong international presence. 

TBAuctions’ Technology Is Powering the Future of Digital B2B Auctions
TBAuctions' advanced auction platform connects multiple branded storefronts, enhances cross-brand discoverability of selection, improves liquidity and trust in each auction, and enhances efficiency for both sellers and its own auction operations. By seamlessly connecting multiple storefronts within its brand portfolio, TBAuctions ensures a perfect match between supply and demand for used business goods. This intelligent system enables smooth, fast, trusted, and scalable B2B transactions across borders. 

Benefits for Sellers and Bidders: Trust, Security & Integrity
The integration of TBAuctions’ technology into Surplex brings significant advantages to both sellers and bidders, ensuring a seamless, efficient, and trusted auction experience. 

“Scalability, security, and trust are at the core of everything we build. At TBAuctions, we have implemented robust fraud prevention measures, bid integrity mechanisms, and secure payment processing to protect both buyers and sellers. By prioritizing a secure and reliable auction environment, we are setting a new standard for trust in digital auctions—one that enables businesses to trade with complete confidence across borders," commented Nina de Souza, Chief Product Officer of TBAuctions.

Sellers benefit from advanced automation that simplifies listing and auction management while reducing administrative efforts. The integration enhances market visibility, connecting sellers with over 700K unique bidders from 170 countries, maximizing asset exposure. Additionally, Surplex’s expanded scope moves beyond metal and woodworking machinery, allowing sellers to tap into new industries and verticals with even more visibility and minimal effort. Most importantly, all transactions are safe and secure, with funds held in separate accounts to guarantee payments. 

Bidders gain access to a safe, transparent, and user-friendly auction platform, featuring bid history tracking and integrity mechanisms. With over 2.2 million lots auctioned annually, bidders have unparalleled access to one of Europe’s largest auction platforms.  Cross-brand publishing of lots across TBAuctions brands such as Troostwijk Auctions, Vavato, and Klaravik Finland further enhances asset discoverability, ensuring bidders can secure high-quality items and sellers enjoy liquidity in each auction. 

TBAuctions' Flywheel Model: Driving Growth Through Trust and Selection
Selection, ease-of-use, sustainability, and trust are at the heart of TBAuctions’ flywheel business model, accelerating growth and reinforcing positive bidder and seller experiences. The more relevant and extensive the selection, and the greater the confidence in fair pricing and reliable transactions, the faster the flywheel spins—creating a powerful ecosystem of trust.   

Tom Christenson, CEO of TBAuctions, shared: “We are revolutionizing the way used B2B goods are bought and sold. The integration of Surplex into our multi-store bidder-based model enhances asset redeployment across industries and borders. By leveraging our proprietary auction technology, we empower sellers with broader market reach while giving bidders access to one of Europe’s largest, most diverse catalogue of used assets. This milestone cements our position as the go-to digital auction platform for businesses looking to trade securely, efficiently, and sustainably.” 

Discover the new Surplex website and app
Download iOS app and Android app, click here to explore the first auctions on Surplex website, powered by TBAuctions.