MVP RV Equipment on Auction Block Thursday

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April 25, 2012 by   Comments Off on MVP RV Equipment on Auction Block Thursday

Los Angeles investment firm Hackman Capital, which purchased the assets of Riverside, Calif.-based MVP RV Inc. April 19, is holding an auction Thursday to divest equipment acquired in the transaction.

The auction, administered by CMA Management Association, will begin at 9:30 (Pacific) and offer online bidding. CMA is allowing interested bidders to preview items today.

According to the CMA site, items will cover a cross section of items including woodworking and manufacturing equipment, tools, parts and several vehicles such as pick-up trucks and electric cars.

As reported by the Press Enterprise, Riverside, Hackman Capital, which buys land and buildings and then sells or leases them, was among a handful of bidders vying for the assets of MVP in last week’s auction – none with RV manufacturing intentions. The amount paid was undisclosed.

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