EquipmentShare is an American company specializing in construction equipment rental, sales, and technology services. It was founded in 2015 and is based in Columbia, Missouri. In 2025, there were 373 locations in 45 U.S. States.[1] The company has seen rapid growth, with 60 locations opening in 2024.[2] According to Bloomberg News the company is considering a public offering as soon as 2025.[3]
As teenagers, founders Jabbok and Willy Schlacks formed businesses across construction, technology and general contracting. By 2013, the brothers began working on an idea that would disrupt an archaic industry – construction. In 2014, fueled by their firsthand understanding of the chaos that comes with being a contractor, they pitched their idea of a peer-to-peer equipment marketplace at Startup Weekend in Columbia, Mo, and won.[4]
In 2023, EquipmentShare closed a $3 billion senior secured asset-based revolving credit facility with Capital One Bank.[5] In 2025, EquipmentShare opened its Technology and Development Center as an expansion of its Columbia, Mo. headquarters. The facility cost $100 million and aims to create 500 jobs in the Columbia area. Several city and state officials attended the center’s grand opening, including Missouri Governor Mike Kehoe.[6] Each EquipmentShare employee receives 16 hours of paid volunteer time per year and can contribute to company-wide initiatives like Back to School Buckets and Buckets of Joy.[7]
Technology
T3™ is EquipmentShare’s proprietary, cloud-based fleet management platform designed to provide centralized visibility and control over construction operations. [8]The platform includes features such as real-time telematics, digital work orders, time tracking, preventive maintenance scheduling, and location tracking. Hardware like GPS trackers and access control keypads help support theft prevention, increase equipment utilization, and eliminate unplanned downtime.[9]
In 2025, EquipmentShare was named “Fleet Management Technology Company of the Year” by AutoTech Breakthrough[10], and was included in Construction Executive’s 2025 Top Tech™ report, which highlights leading technology providers serving the construction industry.[11] In November of 2025, EquipmentShare was ranked No. 4 on The Software Report’s Top 50 Software Companies of 2025.[12]
References
123"About Us". EquipmentShare.com. Retrieved December 22, 2024.
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