1. EquipmentShare completed $454 million ABS under the OWN Program. 2. OWN Program allows third parties to lease equipment managed by EquipmentShare. 3. $4.4 billion in trailing revenue highlights EquipmentShare's growth and demand. 4. The program has become a stable capital platform due to institutional interest. 5. EquipmentShare aims to drive efficiency in construction with its tech platform.
FAQ
Why Bullish?
The successful ABS transaction reflects strong market confidence in EQPT. This capital can be used for expansion, potentially increasing revenue.
How important is it?
The ABS transaction is a significant funding event, indicating corporate health and growth potential for EQPT.
Why Long Term?
Securitization strengthens EQPT's balance sheet for sustained growth and fleet expansion, benefiting long-term prospects.
EquipmentShare Celebrates a Decade of the OWN Program with $454 Million ABS Transaction
COLUMBIA, Mo., Dec. 23, 2025 (GLOBE NEWSWIRE) -- EquipmentShare.com Inc. ("EquipmentShare" or "EQPT"), a frontrunner in connected jobsite technology and a major player in the U.S. construction equipment rental market, has successfully completed its fourth asset-backed securitization (ABS) under the OWN Program. This significant transaction saw OWN Equipment Fund III LLC ("OEF III") acquire a portfolio of rental equipment from EquipmentShare, facilitating a total capital raise of approximately $454 million.
Details of the Asset-Backed Securitization
The recent ABS transaction, underpinned by EQPT-managed equipment, showcases EquipmentShare's pivotal role alongside OEF III. This third-party investment vehicle sees institutional investors support the ABS transaction, marking a major milestone in EquipmentShare's financial strategy.
Through the OWN Program, third parties are empowered to purchase rental equipment from EquipmentShare, subsequently leasing these assets back for management on the company's extensive rental platform. This model not only provides equipment owners with a share of the rental revenue generated by their equipment but also aligns with EquipmentShare's operational capabilities.
Benefits of the OWN Program
Participants in the OWN Program enjoy comprehensive management services from EquipmentShare. These services encompass:
- Deployment of equipment across various job sites
- Ongoing service and maintenance of the rented assets
- Efficient rental execution
All these operations are facilitated via EquipmentShare's proprietary technology platform, T3®.
Industry Impact and Growth Potential
"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,” stated 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 a robust network of 373 locations nationwide and reporting $4.4 billion in trailing twelve-month revenue as of September 30, 2025, EquipmentShare is poised for continued growth. This expansion is driven by a vertically integrated platform, a disciplined expansion strategy, and a technology-first operating model.
Key Players in the Transaction
Citigroup Global Markets Inc. took the lead as Structuring Lead on the securitization process. Additionally, MidOcean Partners, through the OWN Tactical Equipment III LLC, not only spearheaded the equity investment but also manages OEF III. Fifth Third Securities, Inc. and SMBC Nikko Securities America, Inc. acted as Joint Active Bookrunners.
About EquipmentShare
Founded in 2015 and based in Columbia, Missouri, EquipmentShare is reshaping the construction industry through its advanced technology and equipment solutions. The company is dedicated to enhancing productivity and collaboration within the sector through its suite of offerings, which includes a fleet management platform and best-in-class equipment rental marketplace facilitated by its proprietary T3® technology. For further information, visit www.equipmentshare.com.
Contact Information
For press inquiries, please contact Amy N. Susán at press@equipmentshare.com.
For investor inquiries, please reach out to Rhett Butler at ir@equipmentshare.com.