Ritchie Bros. is excited to announce that it has acquired a controlling stake in VeriTread, a transportation technology and services company. This acquisition will accelerate Ritchie Bros.’ marketplace strategy, which brings services, insights, and transaction solutions together to improve the overall customer experience. VeriTread, founded in 2013, brings a legacy of experience in building heavy haul transportation platforms and solutions for industrial equipment, vehicles, and other assets.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on RBA:
- Ritchie Bros. acquires controlling stake in VeriTread, a leading transportation technology company
- IAA downgraded to Neutral from Outperform at Baird
- Ritchie Bros. sold 3,700+ items at regional auction
- Ritchie Bros., IAA announce expiration of HSR Act waiting period
- Ritchie Bros. and IAA Announce Receipt of Regulatory Clearances for Proposed Merger