2 Min read
October 10, 2025
On November 1, 2024, Boom & Bucket was acquired by RB Global (formerly Ritchie Bros.), a leading global marketplace for commercial assets and a component of the S&P 400 Index.
Founded to modernize how used heavy equipment is bought and sold, Boom & Bucket built a trusted, technology-driven marketplace focused on transparency, efficiency, and customer service.
The company raised $5.5 million in seed funding followed by a $10 million Series A, which supported product development, marketplace expansion, and team growth.
RB Global (NYSE: RBA) operates a portfolio of leading brands in asset disposition and marketplace technology, including Ritchie Bros., IAA, and Rouse Analytics. The company connects buyers and sellers worldwide through digital platforms, live auctions, data services, and financial solutions.
Following the acquisition, Boom & Bucket's three co-founders - Adam Lawrence, Samir Shah, and Aaron Kline - transitioned into leadership roles within RB Global, helping advance the company's digital marketplace strategy.
Several early Boom & Bucket team members also continue with the organization in expanded roles, including Mike Kennedy, Louisa Diaz, Frank Aguilar, Kris Huff, Rex Walz, and Josh MacDonald. Many of these individuals were part of Boom & Bucket's earliest days, with Kris Huff joining as the company's first hire.
As part of RB Global, Boom & Bucket continues to operate its marketplace and pursue its mission to make buying and selling equipment simple, transparent, and trusted-now with the reach and resources of a global industry leader.
Caleb Woods is an experienced content specialist and an editor at Boom & Bucket, blending his journalism background with expertise in the heavy equipment industry. He delivers engaging, informative content to help professionals stay informed and make smarter decisions in the machinery market.