Ritchie Bros. acquires SmartEquip for $175 million

Ritchie Bros. Auctioneers has entered into a definitive agreement to acquire SmartEquip, a multi-manufacturer platform for equipment service lifecycle management and parts procurement, for approximately $175 million.

“This acquisition furthers our goal of providing the best experience for our customers as we continue our transition from a traditional auctioneer to a marketplace for insights, services, and transaction solutions for commercial assets.”forconstructionpros.com

• 1 source
• forconstructionpros.comRitchie Bros. Acquires SmartEquip | For Construction ProsAlexis SheprakSep 29, 2021

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