EquipmentShare completes $454M ABS under OWN program
Equipment rental and technology provider EquipmentShare has completed a $454 million asset-backed securitization. The transaction, which comes on the heels...
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Rentals
United Rentals expands use of AI tool to speed equipment repairs
Equipment rental giant United Rentals has expanded its use of Manual Assist AI, a web-based application that provides diagnostics and...
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EquipmentShare’s model shows demand for alternative financing
EquipmentShare’s decision to go public is spotlighting its financing model and the potential domino effect on the equipment rental industry. EquipmentShare, which filed for an IPO last...
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US equipment rental trends spilling into global market
Equipment rental trends in the United States — including aggressive fleet refreshing, usage-based financing and one-stop shopping — are permeating...
Read moreDetailsEquipmentShare files for IPO
EquipmentShare, one of the largest equipment rental companies in the United States, filed for an initial public offering today. EquipmentShare...
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Sunbelt Rentals’ revenue grows 1% despite mixed market conditions
Sunbelt Rentals’ revenue grew in the second quarter of fiscal 2026 as sustained megaproject activity made up for slow nonresidential...
Read moreDetailsEquipmentShare secures $2.8B credit facility led by Wells Fargo
Equipment rental and technology provider EquipmentShare has closed a $2.8 billion asset-based senior secured credit facility that extends the company’s...
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Herc Holdings names Birnbaum president
November leadership changes in heavy-equipment industries comprised a rental giant, technology providers and several OEMs. Birnbaum named president of Herc ...
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