EquipmentShare.com aims to raise up to $777.75 million in Nasdaq IPO

Investing.com -- EquipmentShare.com announced Tuesday it aims to raise up to $777.75 million in its U.S. initial public offering, pricing 30.5 million shares of Class A common stock between $23.50 and $25.50 per share.

The construction technology and equipment solutions provider has applied to list on the Nasdaq Global Select Market under the ticker symbol "EQPT."

Goldman Sachs & Co. LLC, Wells Fargo Securities, and UBS Investment Bank are serving as lead book-running managers for the offering, alongside Citigroup and Guggenheim Securities.

Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare has grown to become one of the largest equipment rental providers in the United States, with 373 locations across 45 states as of 2025.

The company offers a comprehensive suite of solutions including its proprietary T3 technology platform, which provides fleet management, telematics devices, and an equipment rental marketplace designed to increase productivity and efficiency in the construction sector.

As part of the offering, selling shareholders are expected to grant underwriters a 30-day option to purchase up to an additional 4,575,000 shares to cover over-allotments.

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