About Ritchie Bros
Ritchie Bros is a company based in Valley Falls (United States) founded in 1958. Ritchie Bros has completed 10 acquisitions, including Asset Auctions, Euro Auctions and Insurance Auto Auctions. Ritchie Bros operates in a competitive market with competitors including Machinio, Purple Wave, SalvageSale, EquipmentFacts.com and Jeff Martin Auctioneers, among others.
- Headquarter Valley Falls, United States
- SectorsReal Estate & ConstructionIndustrial Goods & Manufacturing Retail
- Website rbauction.com
- Social LinkedIn X Facebook
- Investments & AcquisitionsAsset Auctions
& 9 more
Apps and channels of Ritchie Bros
Ritchie Bros publishes 1 mobile app with over 500K+ downloads.
People of Ritchie Bros
236 people are tracked at Ritchie Bros (41 in leadership, 6 in board & advisors, 189 in team).
| Name | Role | Group |
|---|---|---|
Jarret Tunnicliffe | Sales Director - Canada East | Leadership |
Ryan Eacrett | Vp, Canada West Sales | Leadership |
Craig Froude | Director - Online Auction Operations | Leadership |
Gary Zhu | Director, Engineering | Leadership |
Warren Waechter | Vice President Operations | Leadership |
R. Aaron Martinez | Director, US South Central | Leadership |
Pat Elliott | Sales Director-western Canada | Leadership |
Lynn Wise | Director, Operational Accounting | Leadership |
Kelly Leung | Sales Director | Leadership |
Arne Nonneman | Director, Specialized Operations | Leadership |
Robby Giroux | Senior Vice President Sales Canada | Leadership |
Christopher Lambing | Vice President, Inspection Services | Leadership |
Harman Grewal | Director, IT Infrastructure | Leadership |
Eva Smoluch | National Director - Finance And Insolvency | Leadership |
Jeff Jeter | President, Upstream & Emerging Businesses | Leadership |
Ryan Pottruff | Vice President Of Sales - US East | Leadership |
Chad Apland | Sales Director, US Northwest | Leadership |
Beth Hatfield | Director, Sales And Transaction Support | Leadership |
Goran Savic | Sales Director | Leadership |
Jim Rotlisberger | Director Deal Managment US East. | Leadership |
216 more people are available in the full profile.
Complete people profiles for Ritchie Bros
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Investments & Acquisitions by Ritchie Bros
Ritchie Bros has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Asset Auctions, Euro Auctions and Insurance Auto Auctions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Used cars are auctioned via an app-based B2C marketplace. | iaai.com | Westchester, United States | 1982 | Nov 2022 | $7.3B | |
Heavy machinery is auctioned via an online B2B marketplace. | euroauctions.com | Dromore, United Kingdom | 1998 | Aug 2021 | $1.1B | |
Cloud-based intelligence solutions for construction equipment markets are delivered. | rouseservices.com | Beverly Hills, United States | 1920 | Oct 2020 | $275.0M | |
Second-hand cars are auctioned for dealers to buy and sell. | leakecar.com | Scottsdale, United States | 1964 | Jan 2018 | •••• | |
Farm auction services are provided in North Battleford, Canada. | kramerauction.com | North Battleford, Canada | 1949 | Nov 2016 | •••• | |
Used heavy construction equipment and trucks are auctioned online. | ironplanet.com | Pleasanton, United States | 1999 | Aug 2016 | $758.5M | |
Used heavy equipment is auctioned via an app-based platform. | ironplanet.com.au | Brisbane, Australia | 1998 | Aug 2016 | $758.5M | |
Online marketplace offering sale of used heavy equipment and machinery | mascus.com | Amsterdam, Netherlands | 2001 | Feb 2016 | $26.7M | |
Auction management systems are provided for businesses in various industries. | xcira.com | Tampa, United States | 2009 | Nov 2015 | •••• | |
Limited information available | assetnation.com | Butler, United States | 2008 | May 2012 | •••• |
Complete acquisition details for Ritchie Bros
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Ritchie Bros
11 dated milestones of Ritchie Bros across 64 years, from founding to its latest funding, stage changes and deals.
- Founded Ritchie Bros is founded.
- Acquisition Acquires Asset Auctions.
- Acquisition Acquires Xcira.
- Acquisition Acquires Mascus.
- Acquisition Acquires IronPlanet.
- Acquisition Acquires IronPlanet Australia.
- Acquisition Acquires Kramer Auction.
- Acquisition Acquires Leake Auction Company.
- Acquisition Acquires Rouse Services.
- Acquisition Acquires Euro Auctions.
- Acquisition Acquires Insurance Auto Auctions.
Competitors of Ritchie Bros
Ritchie Bros operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Machinio, Purple Wave, SalvageSale, EquipmentFacts.com and Jeff Martin Auctioneers, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| machinio.com | 2012 | Chicago, United States | $4.0M | – | Used heavy machinery is traded via an online auction marketplace. | |
| purplewave.com | 2000 | Manhattan, United States | $4.5M | 156 | Used equipment is auctioned online via a dedicated platform. | |
| salvagesale.com | 1999 | Houston, United States | $17.0M | 17 | Heavy equipment and machinery are auctioned through an online marketplace. | |
| equipmentfacts.com | 2001 | Lincoln, United States | – | – | Online auction platform for construction equipment is managed. | |
| jeffmartinauctioneers.com | 2009 | Brooklyn Park, United States | – | – | Provides online and live auctions for heavy equipment and vehicles. | |
| rockanddirt.com | 1950 | Crossville, United States | – | 265 | Construction equipment is listed and auctioned through an online platform. | |
| irondirect.com | 2002 | Asheville, United States | $9.0M | 627 | Heavy equipment and parts are traded on an online marketplace. | |
| theforkliftpro.com | 2007 | Charlotte, United States | – | – | Online platform for buying & selling used forklifts |
Detailed competitors of Ritchie Bros
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Latest news on Ritchie Bros
Complete news archive for Ritchie Bros
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Similar companies to Ritchie Bros
10 companies that operate in the same segment as Ritchie Bros (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 405.2 M | USD 1.32 B | 4,200 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | – | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
Provider of management solutions for the construction sector | 1963 | Munchen, Bayern, Germany | – | USD 1.4 B | – |
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Frequently Asked Questions about Ritchie Bros
Ritchie Bros was founded in 1958.
Ritchie Bros is headquartered in Valley Falls, United States.
Ritchie Bros was founded in 1958 and is headquartered in Valley Falls, United States. An auction-based marketplace for heavy equipment is operated, with a catalog encompassing trucks, drillers, forklifts, dozers, grain handling equipment, tractors, telescopic handlers, and related items. Users are enabled to browse new equipment, track listings, receive alerts, view live auction streams, and place bids. A mobile application is provided for both Android and iOS devices.
Ritchie Bros's top competitors include Purple Wave, Machinio and EquipmentFacts.com.
Ritchie Bros has made 10 acquisitions, including Asset Auctions, Euro Auctions, and Insurance Auto Auctions.
Yes. Ritchie Bros publishes Ritchie Bros., with over 500,000 downloads.