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Bidpath Announced as Winner of the Best Technology Solution Category in the 2019 TRI Awards

11-14-2019 04:26 PM CET | IT, New Media & Software

Press release from: Bidpath

UK – Bidpath Ltd. (“Bidpath”) - A Leading Global Auction Technology Company – are delighted to announce we have been announced as winner of the Best Technology Solution category in the 2019 TRI Awards.

The prestigious TRI Awards reached its 12th anniversary this year, recognising and celebrating outstanding companies and individuals operating in the Turnaround, Restructuring & Insolvency industry in the UK. The awards champion the companies and individuals leading the charge across the TRI arena and it is the only event that recognises best practice and professional excellence in this vital sector.

Bidpath has a long history of providing technology solutions to corporate companies executing dynamic timed and live auction events involving all forms of inventory, including collectibles, art, real estate, machinery, vehicles, services and virtually any tangible or non-tangible item for which a competitive bidding environment will help drive a swift and effective market value sale. Our best-in-class technology services over 600 clients in 25 key verticals and 27 countries, where we are proud to provide private label software that powers over 1,500 auctions every month.

Bidpath were announced as winner and awarded the accolade for the deployment of their online bidding and asset management technology in the liquidation of the entire contents of Heathrow Terminal 1, a 60,000+ square metre terminal with over 5,000 assets to be prepared for sale, as well as their work on a number of other high-profile liquidations in the global insolvency space throughout 2018/19.

Adam Alexander, CEO of Bidpath said: “It is always a great honour to be recognised for excellence in any field in which you work but for me this area is one that is close to my heart. I started my career as an auctioneer working in the insolvency sector and I understand the immense pressure of working to extract every last pound out of an asset sale. Bidpath technology was developed to support our clients to obtain this objective which is why solutions range from simple to fully comprehensive and are supported by an international team of developers, capable of integration and customisation at any scale.”

Caroline Newton, Marketing Director of Bidpath said: “We are absolutely delighted to have won such a prestigious award, and to be recognised for the service we provide to the TRI industry both in the UK and across the globe. It is a testament to our teams working in the UK and around the world who work tirelessly to ensure our technology remains ahead of the curve, providing end-to-end solutions to clients, empowering them to create even greater efficiencies in their work process, and generate the best possible return for their clients. We are immensely grateful to the TRI judges for honouring us with this award, and to the TRI event team who worked so hard to put on such a great event for the turnaround industry. The award is dedicated by the Bidpath team to our great friend and colleague, Mark Weitz. His energy and passion for the Heathrow project, and for everything he did, is missed beyond words. ”

-ENDS-

Bidpath Ltd.
1-5 The Stud Offices
Redenham Park, Andover
Hampshire, SP11 9AQ

Contact
Caroline Newton
press@bidpath.com
+44 (0) 845 163 0584

About Bidpath
Bidpath is a world leading SaaS provider specialising in delivering dynamic technology solutions to the global auction industry. Established in 1999, our auction software empowers over 600 industrial and fine art auction clients with best of breed online bidding technology from enterprise to regional level, and in more than 27 countries.
Our feature rich timed and webcast auction technology is used at more than 15,000 auctions every year in the Art, Antiques, Collectables, Numismatic, Automotive, Industrial Technology, Medical, Construction, Mining, Real Estate, Retail, General/Wholesale Merchandise, Government Surplus and Aviation industries.
Our offices in the US, UK, Europe, South Africa and Australia service clients including Macy’s, Tennants Julien’s, RM Sotheby’s, GraysOnline, Marknet Alliance, Hindman, Car Next-LeasePlan, Cheffins, Simon Charles and Racehorse Trader.

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