Ritchie Bros. Completes Its Acquisition of IronPlanet, Growing Digital Presence and Offering Unprecedented Choice to Customers

• New Unified Multichannel Company Leads the Industry by Expanding Online Offerings, Opening the Door to Growth in New Geographies and Accelerating the Network Effect
  
  
• Sales Forces Will Be Integrated to Provide Customers a Full Range of Solutions
  
  
• All Six Key IronPlanet Executives Will Join Ritchie Bros. in Senior Roles, Complementing Existing Leadership Team
  
  
• Ritchie Bros. EquipmentOne and IronPlanet’s DailyMarketplace Will Be Combined Later This Year to Form a Cutting-Edge Reserve Price Solution Named Marketplace E

IronPlanet’s June 7^th Online Event Features a Wide Array of Cat Equipment
 

Who:
IronPlanet^®, a leading online marketplace for selling and buying used equipment and other durable assets, today announced a sneak peek into its upcoming Cat Auction Services Cat Online Summer sale. The online auction takes place on June 7, 2017. Bidders will have over 300 pieces of quality, used Cat equipment to choose from.

• How data and predictive analytics are powering the new heavy machinery marketplace

• Best practices in online and heavy-haul industries 

• Simulating the heavy-haul process online 

• Hidden costs in transportation and how you can eliminate uncertainty

For additional details and to register for the webinar, click here.

Join IronPlanet’s GovPlanet at this year’s Government Fleet Expo & Conference (GFX), taking place in San Antonio, Texas June 12 – 15.

Government Fleet Expo & Conference is an annual community gathering where public fleet professionals have real conversations with their peers about daily challenges, get public fleet-specific training, and gain access to the latest vehicles and technology in the exhibit hall.

IronPlanet CEO is a finalist for Entrepreneur Of The Year Award in Northern California

Historic acquisition is expected to transform the company and industry through complementary brands, innovative digital technology, product offerings in multiple channels and expanded global reach

• Unprecedented customer choice through multi-channel product offerings for used equipment sellers and buyers
• Combined company will leverage Ritchie Bros. unique business model and financial strength with IronPlanet’s online expertise and powerful inspection system to further solidify position as the premier global asset management and disposition company
• New organization, led by veteran CEO Ravi Saligram, will bring together two strong management teams with complementary strengths and unique skill sets to accelerate growth
• Ritchie will become Caterpillar’s preferred global partner for live onsite and online auctions of used equipment through a strategic alliance

Gregory J. Owens, IronPlanet chairman and CEO, was named a finalist for the Entrepreneur of the Year 2017 Award in Northern California by EY.

EY today announced that Gregory J. Owens, IronPlanet^® Chairman and CEO, is a finalist for the Entrepreneur Of The Year® 2017 Award in Northern California. The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Owens was selected as a finalist by a panel of independent judges. Award winners will be announced at a special gala event on June 23rd at The Fairmont in San Jose, California.

The next episode in the IronPlanet^® Webinar Series will be Taking the Heavy out of Heavy-Haul - The Online Way and will take place Tuesday, June 6th at 10am PDT / 6pm BST.

IronPlanet Lands First European Customer for Cloud-Based Platform