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Segmental Information
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segmental Information
5. Segmental Information
The Company’s principal business activity is the management and disposition of used commercial equipment, vehicles and other
durable assets.
Effective as of the first quarter of 2023, the Company determined that its operations are comprised of one operating and reportable segment following the acquisition of IAA. Following the departures of the then CEO and CFO in early August 2023, the Company re-assessed that with the new CEO, who is the Company's CODM, the Company continues to operate as one operating and reportable segment. The CODM does not evaluate the performance of the Company or assess allocation of resources at any level below the consolidated level or based on assets and liabilities.
The Company’s geographic information as determined by the revenue and location of assets, which represents property, plant and equipment is as follows:
United
States
CanadaEuropeAustraliaOtherConsolidated
Total revenue for the year ended:
December 31, 2023$2,591.6 $551.5 $321.8 $136.7 $78.0 $3,679.6 
December 31, 2022970.9 375.7 143.2 181.3 62.7 1,733.8 
December 31, 2021748.7 281.1 183.0 149.6 54.6 1,417.0 
    
United
States
CanadaEuropeAustraliaOtherConsolidated
Property, plant and equipment:
December 31, 2023$884.9 $155.0 $117.5 $20.2 $23.3 $1,200.9 
December 31, 2022241.9 87.3 86.7 20.0 23.2 459.1