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News Stories (5 Results) - SmartEquip

SmartEquip, a provider of equipment lifecycle management, service, and procurement support for the construction industry, reports over $1.4 billion in equipment parts ordered through its network each year. Founded in 2000, the company's platform... Read Story
March 02, 2023, 07:05 AM


SmartEquip, a Ritchie Bros. company, welcomed Europe’s largest equipment rental company, Loxam, to its global equipment service and parts procurement network. In addition to supporting Loxam locations across France, where the solution is scheduled to... Read Story
June 10, 2022, 07:12 AM


Ritchie Bros. announced it has completed its acquisition of SmartEquip, an innovative technology platform that supports customers’ management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers.“This acquisition... Read Story
November 03, 2021, 07:10 AM


Ritchie Bros. Auctioneers and SmartEquip announced they have entered into a definitive agreement under which Ritchie Bros. will acquire SmartEquip for approximately $175 million. Completion of the acquisition is subject to customary closing... Read Story
September 27, 2021, 07:16 AM


SmartEquip announced the commercial launch of its services in the Japan market, operated in partnership with Tokyo-based Diamond Construction Equipment Corp. The SmartEquip Network is now fully operational in Japan, with a growing number of Japanese... Read Story
September 27, 2021, 07:03 AM