Ritchie Bros.

Ritchie Bros.

Machinery Manufacturing

Westchester, Illinois 137,112 followers

About us

Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company’s selling channels include: Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance® equipment condition certification; MarketplaceE, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat® auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.

Website
http://www.rbauction.com
Industry
Machinery Manufacturing
Company size
1,001-5,000 employees
Headquarters
Westchester, Illinois
Type
Public Company
Specialties
Auctions, Transportation, Construction, Mining, Forestry, Petroleum, Marine, Real Estate, Agriculture, Finance / Remarketing, Material handling, Equipment Refurbishment, sales, data, data insights, and aggregate data

Locations

Employees at Ritchie Bros.

Updates

  • View organization page for Ritchie Bros., graphic

    137,112 followers

    At Ritchie Bros., we are committed to providing a world-class experience for our buyers and sellers. We’re thrilled to announce the launch of our revamped rbauction.com website! With a focus on enhancing your online experience, we've introduced features that make it faster, easier, and more convenient to engage with our auctions. Here's what you can expect: - simplified account management - easier auction participation—no need to pre-register for auction events - an improved search experience - and much more! Learn more about the features and benefits here: https://ow.ly/JYuW50Sqha6 Explore the new rbauction.com website and share your thoughts with us! 👇

  • View organization page for Ritchie Bros., graphic

    137,112 followers

    Check out Ritchie Bros. Financial Services' new payment option to enhance our Canadian customers with their equipment financing and purchasing experience! Ritchie Bros. Financial Services has teamed up with Tabit to offer our Canadian customers a "Buy Now, Pay Later" financing solution for any purchases up to $10,000. With Tabit, you can enjoy the following benefits: -Finance Canadian Ritchie Bros. or IronPlanet invoices from $500 up to $10,000 per transaction -Repayment options from 4-52 weeks -Use the same credit line for additional transactions -Manage cash flow, allowing you to pay overtime instead of all at once Get started on Tabit’s pre-approval today: https://ow.ly/Xr8050Slf6o

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    137,112 followers

    Meet Anthony, Ken, Jeff, and Michael – our new Territory Managers in Florida! 🤝 At Ritchie Bros., we’re dedicated to serving communities across the Sunshine State by always putting our customers first. Our team is here to prioritize your needs and help you find the right equipment solutions. Want to get to know our Territory Managers better? Connect with them and discuss your selling (and buying) needs today: https://ow.ly/gSCk50SeOlF

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  • View organization page for Ritchie Bros., graphic

    137,112 followers

    Ritchie Bros hosted a customer appreciation event featuring a live charity auction on May 7, 2024, with all proceeds benefiting Ronald McDonald House Charities (RMHC). During the event, Cooper Equipment Rental sold a JCB 512-56 Telehandler, with all proceeds going to RMHC. This generous contribution of $61,736.90 to RMHC provided an incredible 262 nights of stay for families with sick children. These funds ensure that families have a place to sleep, enjoy home-cooked meals, do laundry, receive support from other families, and benefit from the care that alleviates the mental and financial burdens they face. In short, our mission would not be possible without the help and support of partners like you. Pictured left to right: Leslie Hederson (RMHC), Rod Lentino (Cooper Equipment Rentals), Ryan O'Hare (Ritchie Bros), Dan Sant (Cooper Equipment Rentals), Antonia Edwards (Cooper Equipment Rentals), Ryan Pottruff (Ritchie Bros), Adrienne Allan (RMHC).

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  • View organization page for Ritchie Bros., graphic

    137,112 followers

    The results are in - our big 5-day Edmonton auction sets a new Canadian record with over 14,500 equipment items and trucks and vehicles sold for nearly CA$250 million in gross transaction value! 🙌 “Ritchie Bros. continues to prove that we are the leading destination for buying and selling heavy equipment and transportation assets globally, with over 21,000 bidders who were active onsite, online and through our mobile app throughout the auction” says Jeff Jeter, Chief Revenue Officer for RB Global. Read more auction highlights and our customers' experience at this big Edmonton event: https://ow.ly/e9xN50RzGvn

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  • View organization page for Ritchie Bros., graphic

    137,112 followers

    After five decades in business, Randy Farrar is preparing to transition to the next chapter of his life. His Oklahoma-based pipelayer contracting company Farrar Construction will undergo a complete dispersal on May 17 in Kingfisher, OK, featuring over 30 pipelayers, 10 crawler tractors, two graders, 12 excavators, pickup welders, and various other assets available for purchase. “All the equipment is very well maintained,” says Randy. “When we would get awarded with a job, we needed to start work right away, so our equipment had to be top notch and ready to go out right away. Read more on Ritchie Hub: https://ow.ly/A9We50RyXEx

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  • View organization page for Ritchie Bros., graphic

    137,112 followers

    Each quarter our Rouse Services, LLC Market Trends Report gives an overview of current market insights for used equipment showing price trajectories, high demand locations, and historical comparisons of Ritchie Bros. auction data. 📈 With our April edition, we are taking a look at heavy equipment and trucking sales using the industry’s best Q1 2024 and Q1 2023 data. We dive into pricing & volume trends for most major construction, aerial, and transportation equipment categories. Stay ahead of the competition and power your business decisions with our in-depth analysis and expert commentary. Read our Market Trends Report highlights and subscribe today!

    Market Trends Report dives in Q1 2024 equipment pricing data

    Market Trends Report dives in Q1 2024 equipment pricing data

    Ritchie Bros. on LinkedIn

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Funding

Ritchie Bros. 1 total round

Last Round

Post IPO equity

US$ 500.0M

See more info on crunchbase