EquipmentShare Marks 10 Years of the OWN Program with $454 Million ABS Transaction
Rhea-AI Summary
EquipmentShare (NYSE:EQPT) completed its fourth asset-backed securitization under the OWN Program, with OWN Equipment Fund III LLC raising approximately $454 million through an institutional investor–supported ABS transaction collateralized by EQPT-managed rental equipment on Dec. 23, 2025.
The OWN Program, now in its tenth year, lets third parties buy equipment and lease it back while EquipmentShare retains operational control via its T3® platform. EquipmentShare reported 373 locations and $4.4 billion trailing twelve-month revenue as of Sept. 30, 2025. Citigroup served as structuring lead; MidOcean Partners led the equity investment in OEF III.
Positive
- $454 million raised via fourth OWN ABS
- OWN Program reached 10 years of repeatable capital activity
- $4.4 billion trailing twelve-month revenue (as of Sept. 30, 2025)
- 373 locations nationwide supporting scale
Negative
- None.
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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
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
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
press@equipmentshare.com
Investor Inquiries:
Rhett Butler
ir@equipmentshare.com
