EquipmentShare announces $454 million asset-backed securitization, enhancing its rental fleet through the OWN Program.
Quiver AI Summary
EquipmentShare.com Inc., a major player in connected jobsite technology and construction equipment rental, has successfully completed its fourth asset-backed securitization (ABS) under the OWN Program, securing approximately $454 million through a transaction led by OWN Equipment Fund III LLC. This investment vehicle acquired a pool of rental equipment from EquipmentShare, which is managed through its national rental platform, allowing third parties to earn rental revenue while EquipmentShare oversees the assets. The OWN Program, launched over a decade ago, has evolved into a robust capital platform, enhancing EquipmentShare's fleet and service capabilities. Currently, EquipmentShare operates 373 locations and reported $4.4 billion in revenue for the trailing twelve months as of September 30, 2025, continuing its growth with a technology-driven approach.
Potential Positives
- Completion of a $454 million asset-backed securitization strengthens EquipmentShare's financial position and access to capital.
- The OWN Program has successfully evolved over ten years, demonstrating durability and attracting institutional demand, which is crucial for ongoing growth and development.
- EquipmentShare's proprietary technology platform, T3®, enhances operational control and efficiency, contributing to the company’s competitive advantage in the construction industry.
- The growth in the number of locations (373 nationwide) and significant trailing twelve-month revenue ($4.4 billion) signals strong market presence and operational success.
Potential Negatives
- Dependence on third-party investment vehicles may signal potential risks in overall financial stability or capital sourcing.
- Asset-backed securitization could imply that the company is leveraging its assets, which might raise concerns about long-term liabilities and risk management.
- The need for a program like OWN to expand its fleet may indicate limitations in EquipmentShare's organic growth or inventory capabilities.
FAQ
What is EquipmentShare's recent announcement about?
EquipmentShare announced the completion of its fourth asset-backed securitization under the OWN Program, raising approximately $454 million.
What is the OWN Program?
The OWN Program allows third parties to purchase and lease equipment back to EquipmentShare, which manages the assets.
Who played a role in the ABS transaction?
EquipmentShare actively facilitated the ABS transaction alongside the OWN Equipment Fund III LLC, which raised funds from institutional investors.
How does EquipmentShare's technology support its operations?
EquipmentShare's proprietary technology platform, T3®, enables efficient management of resources, including deployment, service, and maintenance of rental equipment.
What are EquipmentShare's financials as of September 2025?
As of September 30, 2025, EquipmentShare reported $4.4 billion in trailing twelve-month revenue and operates 373 locations nationwide.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
COLUMBIA, Mo., Dec. 23, 2025 (GLOBE NEWSWIRE) -- EquipmentShare.com Inc. (“EquipmentShare” or “EQPT”), a leader in connected jobsite technology and one of the largest construction equipment rental providers in the United States, today announced the completion of its fourth asset-backed securitization (“ABS”) under the OWN Program.
In the transaction, OWN Equipment Fund III LLC (“OEF III”) purchased a pool of rental equipment from EquipmentShare. OEF III, a third-party investment vehicle, successfully raised approximately $454 million through an institutional investor–supported ABS transaction collateralized by EQPT-managed equipment. EquipmentShare played an active role alongside OEF III in facilitating the ABS transaction.
Under the OWN Program, third parties purchase rental equipment from EquipmentShare and lease the assets back to EquipmentShare to be managed on its nationwide rental platform. Owners receive a portion of the rental revenue generated by their equipment, while EquipmentShare manages the assets on their behalf. OWN Program participants benefit from EquipmentShare’s full operational control — including deployment, service, maintenance, and rental execution — all powered by the company’s proprietary technology platform, T3®.
“We launched the OWN Program over ten years ago to give partners access to equipment ownership while enabling EquipmentShare to expand our fleet and serve our customers’ needs,” said Jabbok Schlacks, co-founder and CEO of EquipmentShare. “A decade later, the program has matured into a durable, repeatable capital platform supported by deep institutional demand.”
With 373 locations nationwide and $4.4 billion in trailing twelve-month revenue as of September 30, 2025, EquipmentShare continues to grow through its vertically integrated platform, disciplined expansion strategy, and technology-first operating model.
Citigroup Global Markets Inc. served as Structuring Lead on the securitization. MidOcean Partners, through OWN Tactical Equipment III LLC, led the equity investment and manages OEF III. Fifth Third Securities, Inc. and SMBC Nikko Securities America, INC acted as Joint Active Bookrunners.
About EquipmentShare
Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare is a nationwide construction technology and equipment solutions provider dedicated to transforming the construction industry through innovative tools, platforms and data-driven insights. By empowering contractors, builders and equipment owners with its proprietary technology,
T3
Ⓡ
, EquipmentShare aims to drive productivity, efficiency and collaboration across the construction sector. With a comprehensive suite of solutions that includes a fleet management platform, telematics devices and a best-in-class equipment rental marketplace, EquipmentShare continues to lead the industry in building the future of construction. For more information, visit
www.equipmentshare.com
.
Press Inquiries:
Amy N. Susán
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Investor Inquiries:
Rhett Butler
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