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New Deal


Announced

Completed

Tiger Global led a $230m funding round in EquipmentShare.

Financials

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Transaction Value£167m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Equipment Rental

United States

equipment rental

Completed

Single Bidder

Domestic

Private

Acquisition

Private Equity

telematics

Friendly

Minority

Venture Capital

Synopsis

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Tiger Global Management led a $230m funding round in EquipmentShare, an equipment and digital solutions provider serving the construction industry. Additional investors include The Spruce House Partnership, RedBird Capital Partners, Tru Arrow Partners, Romulus, Insight Partners and Anchorage Capital Group. “We are grateful to our new and existing investors for joining us on this journey to build connectivity for the construction industry. We are eager to leverage this milestone round to launch several initiatives, with the continued goal of empowering contractors and accelerating productivity in construction," Willy Schlacks, EquipmentShare President and Co-founder.

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