EquipmentShare.com Inc

EquipmentShare is a vertically integrated platform serving the construction industry by combining its proprietary technology, a connected equipment fleet, and a nationwide presence. The company provides jobsite visibility and control through its cloud-based platform, "T3." This platform integrates embedded telematics hardware, software applications, and real-time data to support both customers and internal operations. T3 is original equipment manufacturer ("OEM")-agnostic, allowing EquipmentShare and its rental customers to track mixed fleets, maximize utilization, reduce unplanned downtime, streamline maintenance, and improve jobsite security and operator accountability. EquipmentShare uses its T3 platform to manage construction equipment it owns and equipment leased from third-party participants in its "OWN Program." Under the OWN Program, participants can purchase new or used (typically less than four years old) T3-enabled equipment from the company. Concurrently, the participant and EquipmentShare enter into a lease agreement, placing this qualified equipment on the T3 platform for rental to third-party users. Rental revenue from equipment in the OWN Program is divided between the company and the equipment owner, with EquipmentShare managing the equipment via T3 for the arrangement's duration. At the end of the sharing period, EquipmentShare may assist owners with remarketing services if the equipment is sold as used construction equipment. The company also offers add-on services to equipment owners. Beyond equipment rentals, EquipmentShare provides complementary products and services, including equipment parts, supplies, services, and select jobsite support offerings, all integrated with the T3 platform. EquipmentShare also sells new and used equipment to customers.