American equipment rental platform EquipmentShare (EQPT.US) is gearing up for a US stock market IPO, aiming to raise $747 million.

American construction equipment rental and sales platform EquipmentShare.com (EQPT.US) announced the terms of its initial public offering on Tuesday, planning to issue 30.5 million shares at a price of $23.50 to $25.50 per share, raising approximately $747 million. Based on the mid-point of the issuing range, the company's fully diluted market value will reach $6.7 billion. As one of the largest and fastest-growing equipment rental service providers in the United States, EquipmentShare operates a digital equipment rental platform. As of September 30, 2025, it has established 342 full-service rental locations, 9 dealer network locations, and 22 building materials stores in 45 states across the country. Its equipment fleet consists of approximately 235,000 units, including owned, leased, and managed equipment under revenue sharing agreements, with an original purchase cost of $8.1 billion. All equipment is connected to its proprietary T3 intelligent platform, which enables real-time tracking, predictive maintenance, and remote control to improve job site operational efficiency. About two-thirds of the company's revenue comes from equipment rentals, with the rest from sales. In addition to conventional construction machinery (such as telescopic forklifts, excavators, compact track loaders, dozers, compressors), its business has expanded into specialized fields such as HVAC, pump equipment, and power generation equipment. Established in 2015, EquipmentShare achieved sales of $4.4 billion in the 12 months ending September 30, 2025. The company plans to list on the NASDAQ under the stock symbol "EQPT" and is expected to complete pricing during the week of January 19, 2026. The offering is being managed by ten institutions including Goldman Sachs Group, Inc., Fidelity Securities, UBS Group AG Investment Banks, Citigroup, and Guggenheim Securities.