(L-R): Lynn Schroeder, Rob LeMaster, Mike LeMaster, Andrew LeMaster, Roger Martinez, Rich Evans and Vince Blecha.
Formed by industry veterans from the auction, appraisal, used equipment, and trucking business who also happen to be family, Black Star Asset Conversion and Appraisal specialize in asset conversion for companies with capital equipment needs.
The company's goal is to help customers obtain the maximum value for buying and selling equipment. Black Star provides customers with high visibility online and onsite auctions, privately negotiated sales, liquidations, and appraisal services worldwide.
"While our name is new, we're seasoned pros with an experience that includes asset conversions, truck sales, construction equipment, and operations," the company said. "Individually, we each possess valuable strengths. Collectively, we are a team that offers the knowledge, industry insight, personal service, and targeted approach you desire when selling or acquiring commercial assets."
At the helm of Black Star, are Roger Martinez, Rob LeMaster, Andrew LeMaster, Vince Blecha, Rich Evans, Lynn Schroeder, and Mike LeMaster.
Black Star works directly with the asphalt, concrete, construction, landscaping, mining and railroad, and transportation industries, as well with banks, governmental agencies, and workout professionals.
"We bring a proactive and fresh approach to every transaction. It starts by gaining a solid understanding of your needs and expectations. From there, we blend in our diverse experience, deal acumen, proactive client service, and well-established industry connections to deliver the results you desire," according to the company.
Using its proprietary cost/benefit model, and industry expertise, Black Star identifies opportunities — and pitfalls — when helping clients determine the best time to sell their assets, for optimum value.
"We understand every situation is different and we'll take into consideration your needs, timing issues, and balance sheet needs to recommend the best plan of action," the company said.
According to Black Star, popular reasons clients choose to convert assets include:
- Eliminate Debt
- Boost Cash Flow
- Need different equipment for project/s
- Fleet Realignment
- Replacing, rather than repairing, existing equipment;
Black Star uses certified appraisers and provides detailed documentation. The company follows USPAP (Uniform Standards of Professional Appraisal Practices) to ensure that appraisals meet the industry standards of acceptance. Lynn Schroeder, Chief Appraisal Officer, and Auctioneer is certified with Equipment Appraisers Association of North America (EAANA) and presently an officer of EAANA.
Black Star is an active member with Illinois Road and Transportation Builders (IRTBA), Associated General Contractors of America (AGC), and Illinois Asphalt Pavement Association (IAPA), and multiple causes to support our community and industries.
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