North Toronto Auction joins Euro Auctions Group
The acquisition will expand Euro Auctions’ car, commercial truck, heavy equipment, and recreational vehicle market presence in Canada
North Toronto Auction (NTA) has officially joined Euro Auctions Group as part of its larger global network of auction houses. NTA will align with fellow Canadian auction leaders, Michener Allen Auctioneering and Jardine Auctions Inc., to expand Euro Auctions' presence nationwide.
North Toronto Auction's rise to success
Founded in 2002 by Matt Rispin, Frank Panza, and Stuart Ralph, North Toronto Auction has made a name for itself in the Toronto-area market. NTA began life as a dealer-only automotive auction in Innisfil. Due to growing demand, the company quickly expanded into public auctions for cars, commercial trucks, heavy equipment, and recreational vehicles. Heavy equipment auctions are now held monthly, complementing the strong automotive base.
Euro Auctions will retain all 64 employees and maintain the North Toronto Auction brand, both of which are highly valued by the group. The business will continue to be led by Matt Rispin and will operate from its 17-acre auction facility in Innisfil, Ontario, just 50 minutes north of Toronto Pearson International Airport.
With the addition of North Toronto Auction, the Euro Auctions Group now operates from 15 global locations, including sites in Canada, the U.S., Europe, the Middle East, and Australia.
Matt Rispin, managing director of North Toronto Auction, comments: "The acquisition by the Euro Auctions Group, and aligning with our close Canadian allies Michener Allen and Jardine Auctions Inc, marks the next exciting chapter in our journey. This is a perfect fit for North Toronto Auction, and we're excited for what lies ahead. In May 2025, we celebrate 22 years in business, now joining forces with Euro Auctions, a rapidly expanding first-rate auction house with significant national coverage across Canada, which can only be good news for our customers and employees."
Derek Keys, founder and managing director of Euro Auctions Group, added: "North Toronto Auction enhances our offerings alongside Michener Allen and Jardine Auctioneers, expanding our regional reach to better serve customers across Canada. This acquisition is strategically important in providing Canadian clients with both national and global support. Our focus is now on working with Matt and his team to build upon what they have already achieved. Their experience in the market is unmatched."
