EquipmentShare Is Said to Weigh US IPO as Soon as Next Year

April 23, 2024, 8:34 PM UTC

EquipmentShare, a construction equipment rental company, is in the early stages of exploring an initial public offering, according to people familiar with the matter.

The Columbia, Missouri-based company, which is backed by BDT & MSD Partners, may seek a first-time share sale within the next 12 to 18 months, one of the people said.

EquipmentShare raised a total of $440 million in 2022 and 2023, according to a statement in September. It was valued at $3.75 billion after that funding round, according to data provider PitchBook.

Details of the offering including the size and timing may change, the ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.