Online auction platform for used business equipment
TBAuctions at a glance & key developments in 2025
TBAuctions is Europe’s leading digital auction platform for B2B used goods, with over 1,100 employees across Europe. Guided by “Everything Has Value”, TBAuctions leverages technology, automation, and scale to streamline auctions. Its proprietary platform enables cross-border auctions, self-service, and efficient supply-demand matching, supporting sustainable trade by auctioning millions of products annually.
In 2025, TBAuctions advanced platform harmonization and cross-border functionality. Through product enhancements, operational discipline, and technology-driven efficiencies, the company reinforced its scalable platform and role in enabling circular trade across Europe.
- Year acquired
- 2022
- Revenue
- EUR 229m
- Location
- The Netherlands
- Employees
- 1154
- Website
- https://tbauctions.com/
- Investment theme
- Circularity
- Contact
- christian.melby@summaequity.com
- Gross profit
- EUR 175m
- SDG alignment
12, 13
What are the challenges TBAuctions addresses
-
60%
estimated increase in global raw material usage by 2060
-
93%
of materials used worldwide are neither reused nor recycled
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Who is impacted?
Buyers and sellers of used B2B goods, equipment manufacturers, and society at large are impacted by TBAuctions’ digital auction platform. Buyers and sellers benefit from efficient cross-border market access, while manufacturers are indirectly influenced through extended product lifecycles, higher residual values, and incentives to design more durable and circular equipment.
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Contribution
TBAuctions contributes to Summa’s theory of change by enabling reuse at scale through a digital marketplace that efficiently matches supply and demand for used equipment. The platform extends asset lifecycles, improves price transparency and market liquidity, reduces waste and resource depletion, and supports more circular and resource-efficient consumption.
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Risks to impact
Key risks to impact include limited market adoption or suboptimal reuse of auctioned goods, rapid technological advances reducing the relevance or efficiency of older equipment and rebound effects where lower prices for used goods stimulate increased consumption, potentially offsetting resource efficiency and circularity benefits.