EquipmentShare
| Company type | Private |
|---|---|
| Industry | Construction equipment rental, Technology |
| Founded | 2015 |
| Founder | Jabbok Schlacks, Willy Schlacks |
| Headquarters | Columbia , United States |
Area served | United States (44 states) |
Number of employees | 500 (planned) (2025) |
| Website | equipmentshare |
EquipmentShare is a U.S.-based enterprise focused on the rental, sale, and technological solutions related to construction machinery. Established in 2015 with its main office located in Columbia, Missouri, the firm operated 326 sites across 44 states by the year 2025. The organization experienced significant growth, adding 60 new locations during 2024. According to Bloomberg News, EquipmentShare is exploring the possibility of launching an initial public offering as soon as 2025.
History
Entrepreneurs Jabbok and Willy Schlacks embarked on their business ventures in the fields of construction and technology during their teenage years. Drawing from their background as contractors, they developed a peer-to-peer equipment marketplace concept and presented it at the 2014 Startup Weekend event in Columbia, Missouri, where they won first place.
In 2023, EquipmentShare obtained a $3 billion revolving credit facility secured by assets from Capital One Bank. By 2025, the company committed $100 million to establish a Technology and Development Center at its Columbia headquarters with the goal of creating 500 jobs for the local community. This growth initiative received backing from state officials, including Governor Mike Kehoe. Additionally, EquipmentShare encourages workforce participation through paid volunteer opportunities and supports community programs such as Back to School Buckets and Buckets of Joy.