Euro Auctions Group continues to expand its Canadian operations with the acquisition of North Toronto Auction (NTA).
The move sees NTA align with fellow Canadian auctioneers, Michener Allen Auctioneering and Jardine Auctions Inc.
North Toronto Auction specializes in industrial equipment, automotive and RV sales. Founded in 2002 by Matt Rispin, Frank Panza, and Stuart Ralph, North Toronto Auction has become a leading auction house in the Greater Toronto Area.
“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,” Rispin said.
“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 can only be good news for our customers and employees.”
Euro Auctions will retain NTA’s 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 Rispin and will operate from its state-of-the-art 17-acre auction facility in lnnisfil, Ontario.
“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,” said Derek Keys, Founder and Managing Director of Euro Auctions Group.
“Our focus is now working with Matt and his team to build upon what they have already achieved. Their experience in the market is unmatched.”
With the addition of North Toronto Auction, the Euro Auctions Group now operates from 15 locations including sites in Canada, the United States, Europe, the Middle East and Australia. The company has five sites in Canada providing significant national coverage.
North Toronto Auction began life as a dealer-only automotive auction in lnnisfil. Due to growing customer demand, the company quickly expanded into public auctions for cars, commercial trucks, heavy equipment and recreational vehicles. Heavy equipment auctions are now held monthly which have complemented the automotive base.
