Ritchie Bros. operates as the world's largest marketplace for used equipment, trucks, and industrial assets. Founded in 1958 with Canadian roots, the company has built a global presence serving customers in more than 170 countries. Its headquarters are located in Westchester, Illinois, and it is publicly traded on the NYSE and TSX under the symbol RBA.
The company's business model centers on an omnichannel marketplace for commercial assets. This includes several distinct platforms: Ritchie Bros. Auctioneers and IronPlanet provide auction and sales services, while GovPlanet focuses on government surplus assets. The company also operates Rouse Services and RitchieSpecs, an industry-leading equipment specifications database.
With auction sites in 13 countries, Ritchie Bros. facilitates the sale of used equipment and trucks across a broad range of industrial sectors. Its integrated platform combines live auctions, online marketplaces, and asset management tools to connect buyers and sellers of commercial assets worldwide.
