M&A Deal Summary

Ritchie Bros Acquires Leake Auction

On January 16, 2018, Ritchie Bros acquired business services company Leake Auction

Acquisition Highlights
  • This is Ritchie Bros’ 4th transaction in the Business Services sector.
  • This is Ritchie Bros’ 5th transaction in the United States.
  • This is Ritchie Bros’ 1st transaction in Oklahoma.

M&A Deal Summary
Date 2018-01-16
Target Leake Auction
Sector Business Services
Buyer(s) Ritchie Bros
Deal Type Add-on Acquisition

Target

Leake Auction

Tulsa, Oklahoma, United States
Leake Auction Co. is a Oklahoma-based collector car auction company has been in business since 1972.

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Buyer(S) 1

Buyer

Ritchie Bros

Burnaby, British Columbia, Canada
Category Company
Founded 1958
Sector Business Services
Employees2,600
Revenue 3.7B USD (2023)
DESCRIPTION

Ritchie Bros is an auctioneer of heavy equipment and trucks. Ritchie Bros was founded in 1958 and is based in Burnaby, Canada.

DEAL STATS #
Overall 7 of 13
Sector (Business Services) 4 of 5
Type (Add-on Acquisition) 7 of 12
State (Oklahoma) 1 of 1
Country (United States) 5 of 10
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-15 Kramer Auctions

North Battleford, Saskatchewan, Canada

Kramer Auctions Ltd. is an auctioneers of farm equipment, industrial heavy equipment and commercial equipment. Kramer Auctions Ltd. was established in 1949 and is headquartered in North Battleford, Saskatchewan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-20 Celadon Group - Transportation Assets

Indianapolis, Indiana, United States

Celadon Group's Transportation Assets is a provider of trucks and trailers.

Buy -
Mergr

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