Ritchie Bros. Auctioneers announced the closing of an amendment to its credit agreement with a syndicate of lenders pursuant to which, among other things, Ritchie Bros. obtained:
Amendments to the facility to specifically permit the previously...
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December 12, 2022, 07:44 AM
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Ritchie Bros. Auctioneers Incorporated and IAA, Inc. announced they have entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of...
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November 07, 2022, 08:02 AM
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Ritchie Bros. Auctioneers announced that Eric Jacobs will be joining the company as its Chief Financial Officer, effective June 6. Sharon Driscoll, the current Chief Financial Officer, will remain with the company in an advisory capacity to assist...
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June 03, 2022, 07:59 AM
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Ritchie Bros. Auctioneers announced its wholly owned indirect subsidiary, Ritchie Bros. UK Holdings Ltd. (RB Purchaser) is discontinuing the Phase 2 review by the UK Competition and Markets Authority (the CMA). The Sale and Purchase Agreement dated...
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May 02, 2022, 05:00 AM
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Ritchie Bros. Auctioneers announced the closing of an amendment and extension of its credit agreement totaling US$1.045 billion with a syndicate of lenders comprising:
Multicurrency revolving facilities of up to US$750 Million
A...
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September 22, 2021, 07:52 AM
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Ritchie Bros. announced that its Chief Operating Officer, Jim Kessler, will take on the additional role of President, effective immediately. "The President role will align our global revenue, services, operations, and critical support functions under...
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September 09, 2021, 07:50 AM
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Ritchie Bros and Europe’s leading plant and machinery auction house, Euro Auctions, have jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire Euro Auctions group for an enterprise value of approximately $1...
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August 09, 2021, 07:50 AM
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Gordon Brothers and Ritchie Bros. have created a formal joint venture, the Gordon Brothers & Ritchie Bros. Alliance. The Alliance provides end-to-end asset advisory and asset remarketing services to the insolvency and restructuring market in...
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April 23, 2021, 07:09 AM
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For decades, both Ritchie Bros. and Rouse Services have been serving the equipment and truck industries with their respective appraisal businesses. With Ritchie Bros.' acquisition of Rouse last year, the company has now combined these two appraisal...
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April 14, 2021, 07:09 AM
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Ritchie Bros. Auctioneers Incorporated, the world's largest industrial auctioneer and a leading equipment distributor, announced the closing of an amendment and extension of its credit agreement totaling US$630 million with a syndicate of lenders...
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August 18, 2020, 08:55 AM
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Ritchie Bros., a global leader in asset management and disposition, announced that it has received bankruptcy court approval to purchase the assets of Welded Construction, L.P. together with Gordon Brothers, the global advisory, restructuring, and...
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April 29, 2019, 08:50 AM
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Ritchie Bros. is celebrating its 60th anniversary in 2018 with multiple leadership awards for members of its executive team. Chief Executive Officer Ravi Saligram recently was recognized as B.C. CEO of the Year (Enterprise Category) by Business in...
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December 18, 2018, 07:05 AM
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Hilco Valuation Services announced the appointment of Bryan Courcier to Senior Vice President of its Transportation and Construction Advisory business. This new position has been created to build a market leading valuation and advisory platform in...
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January 08, 2018, 08:00 AM
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Ritchie Bros. Auctioneers Incorporated and IronPlanet® jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire IronPlanet for approximately US$758.5 million, subject to customary closing adjustments.Founded...
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August 30, 2016, 07:23 AM
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Ritchie Bros. Auctioneers sold approximately $4.2 billion of equipment through 349 unreserved auctions and its online equipment marketplace during 2014. This is a new annual record for the company, and represents a 10.5% increase in gross auction...
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December 30, 2014, 07:13 AM
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