Ritchie Bros.

Ritchie Bros. operates a global marketplace for used equipment, trucks and industrial assets. The company traces its roots to a family-owned auction house founded in 1958 and is now publicly traded on the NYSE and TSX under the ticker symbol RBA. It is headquartered in Westchester, Illinois, with Canadian origins, and serves customers in more than 170 countries from auction sites in 13 countries.

The business runs an omnichannel marketplace for buying and selling commercial assets. Its flagship brand, Ritchie Bros. Auctioneers, conducts unreserved public auctions in which every item sells to the highest bidder without reserve prices. Other brands include IronPlanet, an online marketplace for used equipment, and GovPlanet, which sells surplus government and public sector assets.

Beyond transactions, the company provides valuation and data services. Rouse Services offers equipment valuation, market insights and fleet management tools, while RitchieSpecs maintains an equipment specifications database. Technical work spans real-time online bidding, equipment valuation, market data analytics, fleet management tooling and specifications data.

Industry coverage includes used equipment, trucks, industrial and commercial assets, and government surplus. The company describes its offering as an end-to-end solution for equipment and truck businesses, combining auction services with value-added tools and data.