Dechert Advises Ritchie Bros. on Rouse Acquisition
December 09, 2020
Dechert LLP advised Ritchie Bros., the world’s largest auctioneer and provider of end-to-end services for heavy equipment (NYSE & TSX: RBA), on its acquisition of Rouse Services, a leading provider of data intelligence and benchmarking services. Ritchie Bros. announced that the transaction will enable both companies to expand their product offerings with more robust data, better service, and innovative solutions to help their clients run their businesses more efficiently.
In 2017, Dechert also secured unconditional clearance from the U.S. Department of Justice for Ritchie Bros.’ acquisition of online auctioneer IronPlanet, which facilitated the company’s transformation with brands, innovative digital technology, product offerings in multiple channels, and expanded global reach.
The Dechert antitrust team advising Ritchie Bros. was led by partner James A. Fishkin, along with partner Rani Habash and associate Dennis S. Schmelzer in Washington, D.C., and counsel Beverly Ang in New York.
With dedicated antitrust/competition lawyers in Brussels, Frankfurt, New York, Paris, Philadelphia and Washington D.C., Dechert’s antitrust/competition practice has the global capability to develop creative solutions to the most difficult antitrust issues in merger clearance, litigation and business planning. The firm is consistently ranked among the leaders in legal directories and was named Competition Group of the Year by Law360 in 2020. Dechert’s antitrust/competition group also created DAMITT, the Dechert Antitrust Merger Investigation Timing Tracker, a proprietary database and a quarterly report providing unique insights to answer critical questions about the timing and trends of U.S. and EU antitrust merger reviews.
About Dechert
Dechert is a leading global law firm with 26 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
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