EquipmentShare is a nationwide construction technology and equipment solutions provider founded in 2015 by brothers Jabbok and Willy Schlacks with a clear mission: to enable the construction industry with tools that unlock substantial productivity gains and help build the future of construction. This mission has guided the company’s expansion from a small startup into one of the most notable integrated service providers in the U.S. construction sector. From its earliest days, EquipmentShare’s founders focused on solving real problems faced by contractors. Early innovation included the release of proprietary equipment tracking tools and the company’s acceptance into the Y Combinator Startup Seed Program, which helped fuel credibility and growth. The company’s first equipment rental marked the beginning of what would become a nationwide rental network. Over time, strategic financing — including a Series A and Series B — enabled EquipmentShare to expand beyond its Missouri roots to a broad footprint across the country. Central to EquipmentShare’s identity is its T3® platform, a cloud-connected operating system designed to deliver real-time visibility into jobsite assets, fleet performance, and operations. T3 streams billions of data points daily and integrates hardware and software to give contractors actionable insights that help reduce downtime, improve safety, and streamline jobsite workflows. This integration of technology with traditional equipment rental and service offerings reflects the company’s belief that data and connectivity are foundational to the industry’s future. EquipmentShare’s growth is reflected in its expansive network, with 373+ rental, retail, and service locations across 45 states and a rapidly increasing number of connected assets. The company’s evolution has included expanding equipment offerings, launching dedicated divisions such as Tooling Solutions and Advanced Solutions, and building infrastructure like the Technology Development Center (TDC) to support research and development. Alongside technological innovation and operational growth, EquipmentShare emphasizes a people-first culture and industry recognition. Its rapid expansion and unique model have earned the company places on multiple industry and employer lists, underscoring both business achievements and organizational commitments to its workforce and customers. Together, these elements define EquipmentShare as a company blending equipment services, digital innovation, and deep industry understanding to help builders, contractors, and owners work smarter, safer, and more efficiently across jobsites nationwide. Visit https://www.equipmentshare.com/  

EquipmentShare offers a comprehensive suite of products and services tailored to the needs of construction professionals, contractors, and jobsite teams — spanning equipment rental, equipment purchase, and service & maintenance support.

Equipment Rentals — Broad Fleet & Tooling Solutions: EquipmentShare’s rental offering includes a wide range of heavy equipment and tools that contractors can access across its nationwide network of branches. The rental fleet covers core construction needs such as earthmoving machines, aerial work platforms, forklifts and material handling equipment, and agriculture and landscaping tools, as well as specialized support equipment like climate control systems, compressed air units, power solutions, concrete and masonry tools, and surface preparation equipment. Additionally, EquipmentShare provides tooling categories including industrial tooling, electric and hydraulic power tools, safety/testing communication devices, and attachments to support jobsite productivity. All rental equipment integrates with the company’s T3® platform, enabling real-time tracking of utilization, location, and performance.

Equipment Purchase — New & Used Assets: Beyond rentals, EquipmentShare enables customers to buy new construction equipment directly through its dealer network. Customers can acquire machines from trusted global brands such as SANY, CASE, Takeuchi, Link-Belt, Yanmar, and others, supported by competitive financing options and expert sales support designed to match equipment to jobsite requirements. The “Rent Now, Own Later” program allows rental payments to be applied toward equipment ownership, giving businesses flexibility in transitioning from rental to purchase.

Service & Maintenance — Support for Rentals and Owned Equipment: To minimize downtime and keep machines operating efficiently, EquipmentShare’s service offerings include nationwide support from factory-trained technicians capable of servicing both rental and customer-owned assets. Customers can easily submit service requests via the T3 platform or mobile app, receive priority scheduling, and access parts through the EquipmentShare parts shop. The company also offers EquipmentShare Care™ service plans, which combine preventative maintenance, fleet monitoring, and documented service history to help ensure compliance, preserve asset value, and reduce operational disruptions.

 

Millis Equipment

“Because of the T3 Dash Cam, we avoided having our guy tied up in a courtroom for a day and out of the shop. My mechanic didn’t have to spend a day testifying and it saved us time and money.” -Chade Dickey, Fleet Manager

JE Dunn

“They offer a smarter system that helps us better manage our equipment and rentals. It provides better visibility on the work started to the work completed, including record keeping and from a risk and safety management perspective, their technology helps us check off multiple boxes.” -Patrick Leis, Director of Logistics Operations

South Texas Frac

“By using T3 technology, I can pinpoint which machine is causing problems and ask questions to the team in the field or request some service for that machine. That helps us avoid emergencies and prevent breakdowns. I can see what the machine is working on, where it’s going and which facility it’s on from states away.” – Shawn Wildt, Purchasing Agent

IES Communications

“We’re impressed by how durable the T3 Dash Cams are. They’ve stood up to everything we’ve thrown at them.” –  Jessica Freeman, Fleet Manager

Capital Construction

“It was the first time I’ve ever had anything stolen, and we recovered the same day. We saved about $200,000 worth of equipment.” – Aaron Miller, Shop Manager

IES Communications

“With T3, we’re able to scan through the alerts we want to look at, like cell phone usage and following distance alerts. I can just hit the pause button, take a screenshot of a driver on a cell phone and send it to their manager for immediate corrective action – quickly and electronically.” – Jessica Freeman, Fleet Manager

Flintco

“It’s a system of checks and balances. As we grow and try to do different things to be more profitable with our projects, we can go back and check our work. Before, there were no checks and balances with our old system. But now, everything is digital, so there’s a digital trail that we can track to help us learn and improve. That’s one of the primary benefits of T3: checks and balances.” – Ryan Simmons, Fleet & Purchasing Manager

Millis Equipment

“At least two drivers have become more cautious now there are dash cams in their vehicles. The camera talks to them and tells them ‘hard breaking’ or ‘excessive acceleration.’ I’ve watched footage of the guys when the camera talks to them and you can see them cut their eyes toward the camera and give it a smirk. We have a CDL driver who was always pretty cautious anyway, but the cameras have made him even more aware of what’s going on and safer in general.” -Chade Dickey, Fleet Manager

Jabbok Schlacks, Co-Founder & CEO

Jabbok Schlacks is an experienced entrepreneur with extensive experience in the construction industry. Alongside his brother, Willy Schlacks, he has navigated a successful path since 1996, founding and managing various ventures in construction, real estate, technology and industry sectors. Their collective experience culminated in the establishment of EquipmentShare, a nationwide construction technology solutions provider, in 2015.

As the CEO of EquipmentShare, Jabbok draws from his wealth of experience to make informed and strategic business and financial decisions. His acumen in expanding the company’s market presence is evident as he leads efforts to establish brick-and-mortor locations across the United States for equipment rental and retail sales. Hands-on in day-to-day operations, Jabbok oversees critical aspects such as go-to-market strategy, business analysis, equipment rental processes, dealerships and services.

His focus on cultivating a productive workplace environment that attracts and retains talented problem solvers reflects his dedication to the company’s core values: integrity, humility, drive and intelligence. Jabbok’s seasoned leadership continues to drive EquipmentShare’s growth and success in the industry. Jabbok also serves as the General Partner of Redbud VC, a firm he and his brother founded in 2021 to accelerate the next billion dollar companies, and sits on the Wall Street Journal’s CEO council.

Willy Schlacks, Co-Founder, President, & Chief Product Officer

Willy Schlacks is an accomplished visionary and innovator within the construction industry. Together with his brother, Jabbok Schlacks, he embarked on an entrepreneurial journey that began during their early adolescence. Their collaboration led to the establishment of multiple thriving enterprises, spanning construction, real estate, technology and industrial sectors.

As the President and Chief Product Officer of EquipmentShare, Willy spearheads the development of cutting-edge technology solutions. His leadership extends to overseeing vital departments, including Engineering, Robotics, Business Intelligence and Data Science, all working towards digitizing and connecting every facet of the construction verticals: assets, people and materials. With a focus on real-time visibility and enhanced management, Willy’s efforts are helping the company build the future of construction. Willy also serves as the General Partner of Redbud VC, a firm he and his brother founded in 2021 to accelerate the next billion dollar companies.

EquipmentShare Debuts on Nasdaq as “EQPT”, Advancing the Digital Transformation of Construction: By integrating a large rental fleet with its proprietary T3® operating system, EquipmentShare has created a digital-first model built to provide contractors with real-time data and unified management. EquipmentShare’s operating model combines a modern fleet and national scale with the innovation and vision of a technology leader, allowing EquipmentShare to deliver better outcomes for customers who demand safer, smarter, and more profitable jobsites (Read).

EquipmentShare Launches Major Maryland Expansion with Tech-Focused Branches, Adding 10 New Locations: The ceremony marked the start of operations at the new facility and coincided with the announcement of an open site selection process to identify locations for an additional 10 branches across Maryland. The expansion across these 10 sites is expected to create 250 to 500 new jobs and a projected investment ranging from $350 million to $700 million dollars (Read).

EquipmentShare Closes $2.75 Billion Senior Secured Asset-Based Revolving Credit Facility With Wells Fargo: The facility extends maturity to 2030 and provides EquipmentShare with best-in-class pricing. Wells Fargo Bank, National Association, Citibank, N.A., Truist Bank, Citizens Bank N.A., Fifth Third Bank National Association and SMBC served as Joint Lead Arrangers and Joint Book Runners for the facility. Wells Fargo Bank, National Association, Citibank, N.A., Truist Bank and Citizens Bank, N.A., served as co-syndication agents. Fifth Third National Association, SMBC, Goldman Sachs, U.S. Bank, Regions Bank, TD Bank, N.A. and UBS AG, Stamford Branch served as co-documentation agents. The facility replaces the company’s previous asset-based senior secured credit facility (Read).

EquipmentShare Advances 59 Spots on Military Times’ 2025 Best for Vets: Employers List: Founded in 2015, the company has achieved this recognition in just 10 years, jumping from No. 137 in 2024 and marking its third consecutive year on the list for standout practices in recruiting, retaining, and supporting veterans and military families (Read).

EquipmentShare Celebrates Home Closing with Habitat for Humanity and Blitz Home Builders: EquipmentShare played a crucial role by sponsoring the build and mobilizing 40 employees to volunteer their time and expertise during the build. This support was instrumental in bringing Qonya’s dream home to life (Read).

EquipmentShare is publicly traded on the NASDAQ under the ticker EQPT, having opened at $24.50 per share during its IPO on January 23, 2026. Since its founding in 2015, the company has attracted significant investment over multiple funding rounds, raising a total of approximately $6.29 billion across various financing types, primarily through debt financing. EquipmentShare has made six strategic investments, most recently participating in an August 15, 2025 round for Big Rentals, which raised $2.8 million.

Key investors include Capital One Ventures, which participated in a $1.2 billion debt financing round in September 2021 and a $640 million round in May 2023; Wells Fargo, which led a $2.75 billion debt financing round in December 2025; and Insight Partners, which contributed to the Series B funding round totaling $26 million in January 2017. Other prominent investors include RedBird Capital Partners and Tiger Global Management, key participants in the Series D round raising $230 million in July 2021, as well as BDT & MSD Partners, who led the Series E rounds raising $150 million in September 2023 and $290 million in April 2023.

Overall, EquipmentShare’s funding and investor base — including 45 total investors and 10 lead investors — have supported its nationwide expansion, development of the T3® platform, and growth of its integrated construction equipment and technology solutions.

EquipmentShare is committed to building stronger communities across the nation. Its teams actively support service members transitioning into civilian life, help children start their school year prepared, and assist communities recovering from natural disasters, among other initiatives. Through its community engagement program, each branch receives $2,500 annually to partner with a nonprofit of its choice to address local needs. This initiative totals more than $187,000 nationwide, with plans to double both the program’s reach and local impact in the coming years.

The company is particularly proud to support veterans. Through its Telehero program, branches donated 10 percent of annual rental revenue to local nonprofits last year, totaling $26,757. EquipmentShare also operates 13 patriotically wrapped telehandlers in its fleet, with four added this year. Additionally, the company participates in the SkillBridge military internship program, where active-duty service members gain hands-on experience during the final 180 days of their service. Participants are immersed in full branch operations, gaining a comprehensive understanding of the company’s processes and preparing for successful transitions into civilian careers — potentially within EquipmentShare itself.

EquipmentShare also champions education through its annual Back to School Buckets campaign, which provides essential school supplies and backpacks to students. During the holidays, its teams take part in the Buckets of Joy initiative, collecting canned foods and coats for local shelters, resulting in donations exceeding $40,000 last year. Employees are encouraged to volunteer at least two hours in their communities during Giving Back Week.

The company’s disaster response volunteer corps, Team Orange, serves as a professionally trained, no-cost resource supporting communities after natural disasters. Comprised of employees with military and first responder backgrounds, Team Orange is certified to operate heavy equipment critical for clearing debris and restoring access. Equipped with a 55-foot box truck stocked with food, water, and supplies, Team Orange provided nearly 6,000 hot meals after Hurricanes Helene and Milton struck Florida in 2024, over 5,000 meals following the Los Angeles wildfires, and more than 4,200 meals after the Texas floods in 2025.