EquipmentShare mulls US IPO in 2025
25 April 2024
Construction equipment rental company EquipmentShare could go public as early as next year (2025), according to a report by Bloomberg.
The business is at the early stages of exploring an initial public offering sources familiar with the process told the news service.
Any IPO for the business, based in Columbia, Missouri, could see a first-time share sale within 12-18 months.
EquipmentShare is currently backed by US merchant bank BDT & MSD Partners and was valued at $3.75 billion after a $440 million funding round in 2022 and 2023.
The company, founded in 2015, declined to comment to Bloomberg.
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