About BIC Auctions
A second-generation family business built around concrete equipment.
BIC is a nationwide asset advisory and sales firm specializing exclusively in concrete equipment. Founded in 2013 and backed by more than five decades of combined family experience, we help contractors, dealers, lenders, and equipment owners maximize the value of their assets.
Headquartered in Mount Pleasant, Iowa, we serve clients and buyers across the country.
How We Started
In 2009, following the housing market downturn, Tom Lamm recognized an overlooked problem: valuable concrete forms were sitting idle without an efficient way to reach qualified buyers.
An entrepreneur and auctioneer with more than 30 years of experience, Tom began buying and selling concrete forms directly. Over the next several years, he developed an in-depth understanding of the equipment, contractors, manufacturers, and buyers that make up the concrete industry.
In 2013, Tom founded BIC Auctions, combining his entrepreneurial approach, auction experience, and growing expertise in concrete equipment. While business liquidations were initially a core part of the company's services, the liquidation of a concrete foundation contractor revealed where BIC could deliver the greatest value.
By 2015, BIC had committed its entire focus to concrete equipment—a specialization that continues to define our business today. It is also reflected in our name: BIC stands for Best In Concrete.
How We've Grown
We started with aluminum concrete forms and one primary way to sell them: auction. As our clients' needs evolved, so did our services.
Today, BIC Auctions provides full-service asset advisory and sales solutions through online auctions, negotiated sales, and brokerage. BIC Marketplace gives equipment owners a self-service platform to market equipment directly to buyers.
Our capabilities have expanded. Our specialty has not.
Why We Specialize
Concrete equipment is not simply one category among many. It is the foundation of our business.
Our specialization means understanding the equipment, knowing the market, and maintaining relationships with the buyers who matter. It means recognizing which assets are best suited for auction, which should be brokered, and when a direct marketplace sale may provide the strongest result.
We help owners determine what to sell, when to sell, and how to position their equipment for the market. From valuation and asset preparation to marketing, negotiation, settlement, and removal, every step is designed specifically for the concrete equipment industry.
What We Do
From initial valuation through final settlement, we manage the sales process so our clients can remain focused on their businesses.
Valuation
We evaluate your equipment, understand your goals, and recommend the sales strategy that provides the best opportunity for a successful result.
Preparation
We prepare assets for market with professional photography and videography, detailed specifications, condition reporting, and recommendations for cleaning or repairs when appropriate.
Marketing
We promote equipment directly to our network of more than 30,000 registered bidders and industry contacts while expanding exposure through marketplace partners, digital advertising, and concrete industry channels.
Sale Management
Our team manages the transaction from start to finish, including buyer communication, bidder support, negotiations, documentation, invoicing, and transparent fund management.
Settlement and Removal
We coordinate secure payment collection, equipment removal, load-out, seller settlement, and final reporting to help ensure an organized and efficient closing.
Have Equipment to Sell?
Every equipment package is different. Our team will evaluate your assets, understand your goals, and recommend the sales strategy that gives you the best opportunity for a successful result.
Whether you are selling a single machine, an entire fleet, or liquidating a complete operation, BIC provides the concrete industry expertise and nationwide buyer reach to manage the process from beginning to end.
Talk with our team about the right strategy for your equipment
Request a Free Valuation