Ritchie Bros. completed the acquisition of Rouse Services for $275m.

Ritchie Bros, a heavy equipment auctioneer and provider of end-to-end services, completed the acquisition of Rouse Services, a provider of data intelligence and performance benchmarking solutions, for $275m. "Like Ritchie Bros., Rouse has spent decades building its reputation as a trusted partner in the industrial equipment industry. Rouse offers a complementary tool kit to what we offer at Ritchie Bros. today. Together, we believe we can accelerate both of our growth efforts by providing customers more robust data, better service, and innovative solutions to help their businesses run more efficiently. At Ritchie Bros. today, we are more than auctions," Ann Fandozzi, Ritchie Bros. Chief Executive Officer.