Ritchie Bros. Completes Acquisition of IAA, Creating a Global Digital Marketplace Leader

IAA, Inc. Acquires SYNETIQ Ltd.

October 22, 2021

Transportation

IAA, Inc. signed an agreement to acquire SYNETIQ Ltd., an integrated salvage auction and vehicle dismantling business in the United Kingdom, for £225 million. The deal was approved by the UK Competition and Markets Authority, and IAA acquired the stock on October 26, 2021.

RB Global (Ritchie Bros.) Acquires J.M. Wood Auction Co.

July 14, 2025

Professional Services

RB Global, Inc., through its wholly owned subsidiary Ritchie Bros. Auctioneers (America), Inc., has completed the acquisition of J.M. Wood Auction Co., Inc. The deal brings J.M. Wood's Montgomery-based auction business and leadership into Ritchie Bros.' global network while preserving J.M. Wood's headquarters, in-person auction format and regional expertise to expand services in Alabama and adjacent states.

RB Global to Acquire BigIron Auction Company

March 4, 2026

IT Services

RB Global entered into a definitive agreement to acquire BigIron Auction Company (BigIron), aiming to accelerate RB Global’s strategic expansion into U.S. agriculture. BigIron operates an agriculture-focused online marketplace connecting buyers and sellers of farm equipment, land, livestock, and other rural assets, and is expected to continue operating as a stand-alone brand within RB Global.

JAS Acquires International Airfreight Associates (IAA)

February 20, 2025

Logistics & Distribution

JAS has completed the acquisition of International Airfreight Associates B.V. (IAA), a Netherlands-based specialist in air, ocean and road freight with strong expertise in time-sensitive perishable goods. The deal expands JAS's European footprint and capabilities in perishables and multimodal logistics, integrating IAA's teams and operations across the Netherlands, Belgium and Germany into the JAS network.

Ritchie Bros. Acquires Controlling Stake in VeriTread

January 9, 2023

Transportation

Ritchie Bros. has purchased a controlling 75% stake in VeriTread, a transportation technology and heavy-haul freight marketplace, increasing its prior 11% ownership. The acquisition is intended to accelerate Ritchie Bros.' marketplace strategy by integrating VeriTread's transportation marketplace, brokerage capabilities, and freight tools into Ritchie Bros.' broader equipment marketplace and services.

J.D. Power Acquires Superior Integrated Auctions (SIA)

March 3, 2025

Automotive

J.D. Power has acquired Superior Integrated Auctions (SIA) to integrate SIA's online vehicle auction marketplace into the J.D. Power Marketplace. The deal brings SIA's auction technology and team together with J.D. Power's valuation data, predictive analytics and ChromeData capabilities to expand J.D. Power's pre-owned vehicle inventory management and digital sales offerings.