Ritchie Bros. buys IAA insurance auctions.

[atikovi]

https://info.ironplanet.com/ritchie-bros.-welcomes-iaa-to-its-family-of-brands

Never heard of them until a month ago when I started looking for a scissor lift. I thought IAA was a much bigger company than Ritchie is.

 

[SC Maintenance]

I didn't know Ritchie Brothers did Auto's. I knew they were a huge auction house for heavy equipment. They have a huge lot just outside Orlando FL, I drive by when I head down that way to work on occasion.

 

[skyactiv]

Ritchie has a huge facility seen when driving on I-70 around Springfield, OH. I spoke to someone that went to an auction there and heard quite a few things are shipped outside the country.