EquipmentShare Files for IPO
EquipmentShare.com filed last month with the Securities Exchange Commission to raise what could be as much as $800 million in an initial public offering. The company is expected to list as early as this month.
EquipmentShare operates its own proprietary T3 technology, and has more than 370 locations. Its fleet includes approximately 235,000 units that it owns, leases, or manages with an original equipment cost of $8.1 billion. Its T3 platform provides real-time tracking, predictive maintenance, and remote access control across a wide range of equipment to streamline jobsite operations. The majority of revenue is from rentals, though a significant amount is from sales. In addition to general construction equipment (e.g. telehandlers, excavators, compact track loaders, dozers, compressors), the company has also expanded into specialty classes to such as HVAC, pumps, and power generation.
The Columbia, MO-based company was founded in 2015 and booked $4.4 billion in sales for the 12 months ended September 30, 2025. It plans to list on the Nasdaq under the symbol EQPT. EquipmentShare.com filed confidentially on August 1, 2025. Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, Citi, Guggenheim Securities, Citizens JMP, Truist Securities, Baird, Oppenheimer & Co., and KeyBanc Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
EquipmentShare is No. 4 on the RER 100.