Tiger Group and Liquidity Services offer IP, surgical
robotics systems, lab equipment and other assets from innovative
company whose Flex/Flex360 platform has been used in surgical
theaters all over the world
RAYNHAM,
Mass., May 7, 2024 /PRNewswire/ -- All assets
from the fully furnished, 40,000-square-foot Raynham plant of Medrobotics—maker of
groundbreaking robotic surgical platforms used by nearly 30
hospitals globally—are available in a turnkey sale by Tiger Group
and Liquidity Services.
"This turnkey sale represents an extraordinary growth
opportunity for buyers that could include medical device-makers,
robotics companies or venture capital firms," said John Coelho, Senior Director, Tiger Commercial
& Industrial. "The offering includes 22 terabytes' worth of
technical specs, customer lists and other valuable IP, as well as
$12 million in hard assets, including
23 complete Flex and next-gen Flex360 robotics systems."
"These systems, which are FDA-approved, were the first surgical
platform to offer a steerable and shapeable robotic scope, which
allows surgeons to operate on parts of the body that, in many
cases, would otherwise have been unreachable," said Nick Jimenez, Vice President of Global Business
Development at Liquidity Services. "The equipment and IP available
in this turnkey opportunity could greatly benefit an expanding
medical robotics enterprise."
The Raynham building includes a
state-of-the-art clean room. Real estate is available.
Turnkey buyers will need to act quickly—all 700 lots will be
made available individually in a timed, online auction that closes
on Tuesday, June 11, at 10 a.m. (ET). Bidders can use the SoldTiger.com
and AllSurplus.com links below. (Online advance registration
required at AllSurplus.com; SoldTiger.com bidding opens
Tuesday, June 4.)
-
https://soldtiger.com/sales/robotic-surgical-device-manufacturer/
- https://www.allsurplus.com/events/26633
In addition to the robotics systems, the Raynham plant boasts a broad array of
general-utility medical, lab, assembly/manufacturing, plant support
and material-handling assets. "It's everything from
state-of-the-art 3D printers and a full machine shop to
microscopes, incubators, lab ovens, test and measurement equipment
and pallet jacks and racking," Coelho noted.
For more information on the turnkey opportunity, contact
jcoelho@tigergroup.com, (617) 797-0430.
About Tiger Group
Tiger Capital Group provides asset
valuation, advisory and disposition services to a broad range of
retail, wholesale, and industrial clients. With over 40 years of
experience and significant financial backing, Tiger offers a
uniquely nimble combination of expertise, innovation and financial
resources to drive results. Tiger's seasoned professionals help
clients identify the underlying value of assets, monitor asset risk
factors and provide capital or convert assets to capital quickly
and decisively. Tiger maintains offices in New York, Los
Angeles, Boston,
Chicago, Houston and
Toronto. https://tigergroup.com/
About Liquidity Services
Liquidity Services operates
the world's largest B2B e-commerce marketplace platform for surplus
assets with over $10 billion in
completed transactions to more than five million qualified buyers
and 15,000 corporate and government sellers worldwide. The company
supports its clients' sustainability efforts by helping them extend
the life of assets, prevent unnecessary waste and carbon emissions,
and reduce the number of products headed to
landfills. https://liquidityservices.com/
Media Contacts: At Tiger Group, Maria Hoang, (805) 497-4999,
377346@email4pr.com. At Jaffe Communications, Elisa Krantz, (908) 789-0700,
377346@email4pr.com.
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SOURCE Tiger Group