Know what it's worth before you bid.
Buyer-side intelligence for auctions, liquidations, surplus, distressed assets and secondary markets. PAYNE verifies the asset, models the true all-in cost and names the maximum rational number — before capital moves.
The whole cost of owning it. Not the hammer price.
Listings show a price. The real number includes everything it takes to acquire, move, hold and resell the asset — and the discipline to walk when that number is exceeded.
Auction & liquidation coverage
Live and online auctions, business liquidations and distressed-asset sales monitored against a stated buy box — so the right lots surface without watching every catalog.
Surplus & government channels
Public-agency surplus, institutional dispositions and other official channels most buyers never track. Less audience usually means better economics.
Comps & realistic resale value
Sold prices, not asking prices — adjusted for condition, spec, location and channel. The resale number is what a real buyer pays, stated with its source.
All-in cost modeling
Price plus premium, tax, freight and rigging, repairs, storage, transfer and resale friction — modeled as one number, because that is the number you actually pay.
Acquisition ceilings
The maximum rational number, decided before the auction starts. Above the ceiling the answer is pass — no matter how the room feels.
Buyer matching & buy-box routing
Assets routed against registered buy boxes: who buys this asset, at what number, under what conditions. The exit is identified before the entry.
The Acquisition Intelligence Brief.
Every asset engagement ends in the same document: a clear recommendation with the reasoning that produced it. No number without a source. No gap dressed up as a fact.
- Recommendation — PURSUE, WATCH or PASS. One of three words, stated plainly.
- Confidence — how strong the case is, and what would change it.
- Evidence state — what was verified, what was inferred, what remains unknown.
- Downside — what the position loses if the thesis is wrong, modeled before commitment.
Industrial acquisition opportunity
Buyer-specific diligence · source protected until engagement
The goal is not winning auctions.
It is knowing who buys the asset, at what number, before capital moves. Every asset gets an exit thesis before it gets a bid.
- Who would buy it — named buyer types, or actual registered buy boxes. "The market" is not a buyer.
- Their actual buy box — the condition, spec, location and price band they really transact at, not what a listing hopes for.
- Liquidity and time to exit — how fast the asset converts back to cash, and through which channel.
- Logistics risk — freight, rigging, storage and handling costs that can erase a paper margin before the asset moves once.
- Legal & licensing restrictions — title, liens, regulated categories and transfer rules checked before commitment, not after.
Have an asset in view?
Send the listing or category, your timeline, and what you would want to be true before bidding. A person reads and answers every message.