Ritchie Bros.
Ritchie Bros. runs a global marketplace for used equipment, trucks and industrial assets, combining unreserved auctions, online bidding, valuation and data services.
Ritchie Bros. operates the world's largest marketplace for used equipment, trucks and industrial assets. Founded in 1958 as a family-owned auction house with Canadian roots, the company has grown into a global omnichannel marketplace, serving customers in more than 170 countries from its headquarters in Westchester, Illinois. It is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol RBA.
The company's flagship brand, Ritchie Bros. Auctioneers, conducts unreserved public auctions - in which every item sells to the highest bidder without reserve prices - at auction sites in 13 countries, supported by online real-time bidding. The portfolio also includes IronPlanet, an online marketplace for used equipment and trucks; GovPlanet, which handles surplus government and public agency assets; Rouse Services, which provides equipment valuation, market insights and fleet management tools; and RitchieSpecs, an equipment specifications database.
Technical work at Ritchie Bros. spans online real-time bidding platforms, digital marketplace technology, equipment specifications data, valuation and market analytics, fleet management tools and financial services. The company offers end-to-end solutions for equipment and truck businesses across construction, commercial assets and government surplus.
