Ritchie Bros. Auctioneers, a subsidiary of RB Global, sold nearly $44 million of equipment for WB Pipeline in an auction on Aug. 9 in Splendora, TX. The auction was part of a strategic downsizing initiative for WB Pipeline, which will continue to serve its clients.  read more

AUG 18, 2023 - 6:44 am

Ritchie Bros. conducted its largest Canadian auction of the year recently in Edmonton, AB, selling more than 12,000 equipment items and vehicles over five days, generating more than CA$225 million (more than $164 million) in gross transaction value.  read more

MAY 2, 2023 - 6:58 am

IAA, a Ritchie Bros. company, formed a new market alliance with Antonio, SARL in the West African country of Benin, providing authorization for auction centers operated by Antonio, SARL to help local buyers buy, transport and import vehicles from IAA auctions in the United States. read more

APR 24, 2023 - 7:15 am

Ritchie Bros. closed an offering of $550 million aggregate principal amount of 6.75% senior secured notes and $800 million aggregate principal amount of 7.75% senior unsecured notes to partially fund its merger with IAA. read more

MAR 16, 2023 - 7:17 am

Ritchie Bros. shareholders voted to approve the proposed acquisition of IAA. Ritchie Bros. will file final certified voting results on an 8-K with the U.S. Securities and Exchange Commission as soon as practicable. read more

MAR 15, 2023 - 7:09 am

Ritchie Bros. sold more than 5,100 items from three locations in its recent Rocky Mountain regional event, generating more than $52 million in gross transaction value. read more

MAR 14, 2023 - 7:07 am

Ritchie Bros. sold more than 5,500 equipment items, trucks and vehicles at its site in Edmonton, AB, generating more than C$72 million (more than $52 million) in gross transaction value. read more

MAR 13, 2023 - 7:30 am

In 2022, Rouse Services added 60 new rental companies and dealers to its customer base and conducted appraisals of more than $50 billion of equipment across North America and the UK. read more

MAR 7, 2023 - 6:53 am

Ritchie Bros. sold more than 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value. read more

FEB 28, 2023 - 7:19 am

Ritchie Bros. attracted more than 14,500 bidders to compete for more than 6,500 items, generating more than $61 million in gross transaction value at its first Houston site auction of the year. read more

FEB 21, 2023 - 7:05 am

Ritchie Bros. will showcase its growing list of insights, services and transaction solutions at CONEXPO-CON/AGG, an equipment tradeshow in North America to be held in March in Las Vegas. read more

FEB 1, 2023 - 7:15 am

Ritchie Bros. will host its February auction in Orlando, FL, its premier global event, from Feb. 20 to Feb. 24. The event will feature more than 10,000 items from more than 800 owners, with all items to be sold to the highest bidders regardless of price. read more

JAN 31, 2023 - 7:13 am

Ritchie Bros. entered into a securities purchase agreement with Starboard Value and certain of its affiliates pursuant to which Starboard will make a concurrent $485 million convertible preferred equity and $15 million common share investment in Ritchie Bros. read more

JAN 25, 2023 - 7:18 am

Ritchie Bros. and IAA amended the terms of their previously announced merger agreement. The amended agreement shifts the consideration makeup to a cash/stock mix of approximately 29% cash and 71% stock from the previous mix of 22% cash and 78% stock. read more

JAN 24, 2023 - 7:15 am

Ritchie List, based on Ritchie Bros.' Mascus technology, grew its customer base by more than 300% last year and surpassed 75,000 active listings for equipment, vehicles and other assets. read more

JAN 17, 2023 - 7:16 am