Ritchie Bros. Completes Acquisition Of Iaa, Creating A Premier Global Marketplace Leader
Acquiring Company
RB Global
Acquired Company
IAA
WestchesterManufacturingMarketplaceAutomotiveIndustrial Machinery ManufacturingContent And PublishingMedia And EntertainmentDescription
Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) today announced that it has completed its acquisition of IAA, Inc. ("IAA"). As previously announced on January 23, 2023, under the terms of the amended merger agreement, IAA shareholders will receive $12.80 per share in cash and 0.5252 common shares of Ritchie Bros. for each share of IAA common stock they own.
Quick answer
RB Global is acquiring IAA, announced March 20, 2023. RB Global is based in Westchester, Illinois, United States.
- How much did RB Global pay for IAA?
- The deal value was not disclosed.
- Where are RB Global and IAA based?
- RB Global is based in Westchester, Illinois, United States.
- Who are the decision-makers at RB Global?
- Fundz holds 2 contacts at RB Global. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at RB Global, and when
When RB Global changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day RB Global raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at RB Global, from your own LinkedIn network
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Related People
Frequently asked
Who acquired IAA?
IAA was acquired by RB Global, based in Westchester. The deal was reported on March 20, 2023. RB Global is publicly traded (RBA) and operates in Manufacturing.
When did RB Global acquire IAA?
RB Global's acquisition of IAA was reported on March 20, 2023. Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) today announced that it has completed its acquisition of IAA, Inc. ("IAA"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does IAA do?
IAA, Inc. (NYSE: IAA) is a leading global digital marketplace connecting vehicle buyers and sellers. It is privately held, operating in Content And Publishing.
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