# RB Global Inc.

> RB Global operates marketplaces and supporting services for used equipment, vehicles and other commercial assets. Its brands include Ritchie Bros., IAA, BigIron, Rouse, SmartEquip and VeriTread, combining auctions with valuations, parts procurement, financing and transport. It reported US$16.2 billion in gross transaction value and US$4.59 billion in revenue for 2025.

- **Founded:** 1958
- **Headquarters:** Westchester, United States
- **Founders:** Dave Ritchie (Co-founder of predecessor Ritchie Bros.), Ken Ritchie (Co-founder of predecessor Ritchie Bros.), John Ritchie (Co-founder of predecessor Ritchie Bros.)
- **Products:** Ritchie Bros., IAA, BigIron, Rouse, SmartEquip
- **Notable:** Founded predecessor Ritchie Bros. in 1958; public listing in 1998 and first online auction in 2002., Completed IAA acquisition on March 20, 2023., Reported US$16.2019 billion GTV and US$4.5907 billion revenue in 2025.

## Products & services

- **Ritchie Bros.** — Onsite and online auctions, listings and negotiated sales for used equipment, trucks and commercial assets.
- **IAA** — Digital auctions and remarketing for total-loss, damaged and low-value vehicles; acquired in 2023.
- **BigIron** — Agriculture-focused auctions for equipment, real estate, livestock and related assets; acquisition completed May 18, 2026.
- **Rouse** — Appraisals, fleet management and rental benchmarking; joined in 2020. Tracks more than US$115 billion in fleet value across more than 400 companies.
- **SmartEquip** — Parts procurement, electronic catalogs and parts ecommerce connecting equipment owners with manufacturers and dealers. Supports 800+ supplier brands and over US$2 billion in annual parts orders.
- **VeriTread** — Freight marketplace connecting heavy-equipment shippers with licensed, bonded and insured transport providers.
- **IronPlanet and GovPlanet** — Online used-equipment auctions and a dedicated government-surplus marketplace.
- **Ritchie Bros. Financial Services and transaction services** — Equipment financing and leasing, inspections, refurbishment, shipping and transaction support.

## Achievements

- Founded predecessor Ritchie Bros. in 1958; public listing in 1998 and first online auction in 2002.
- Completed IAA acquisition on March 20, 2023.
- Reported US$16.2019 billion GTV and US$4.5907 billion revenue in 2025.
- February 2026 Orlando auction generated over US$265 million GTV and sold more than 14,500 assets.
- Completed BigIron acquisition May 18, 2026.

## Latest updates

- **2026-10** — October 8: Steve Steinberg promoted to CFO; Shiv Dutt to Chief Digital and Strategy Officer; Jake Lawson and Sam Wyant appointed to business-unit president roles. Company expected full-year results at the high end of its previously provided outlook.
- **2026-08** — August 4: Q2 GTV rose 11% to US$4.6727 billion and revenue rose 11% to US$1.3171 billion. Full-year GTV growth outlook raised to 9%-11%.
- **2026-05** — May 18: completed the acquisition of BigIron, adding agriculture-focused equipment and real-estate transaction expertise.
- **2026-02** — Reported 2025 revenue of US$4.5907 billion and net income of US$427.6 million.

## Links

- Website: https://rbglobal.com
- LinkedIn: https://www.linkedin.com/company/rb-global-inc/
- Twitter/X: https://x.com/RitchieBros
- YouTube: https://www.youtube.com/ritchiebros
- Instagram: https://www.instagram.com/ritchiebros/
- Facebook: https://www.facebook.com/RitchieBros
- TikTok: https://www.tiktok.com/@ritchiebros

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Profile page: https://yespress.io/rb-global-inc
Published by YesPress — https://yespress.io
Last updated: 2026-10-22