BDT Capital Partners, a provider of capital through its investment funds and an affiliate of BDT & MSD Partners, has led a $290 million funding round for EquipmentShare, an equipment and digital services provider for the construction industry.
In 2022, EquipmentShare opened 32 new branch locations and acquired thousands of new customers. Today, its total footprint comprises more than 150 locations, including additional rental, retail and service locations. The round also included participation from existing investors such as RedBird Capital Partners, Tru Arrow Partners and Sound Ventures, as well as several new investors including Brown Advisors.
“This capital will allow us to expand our US footprint, continue to invest in our T3 technology platform and further strengthen our balance sheet for future opportunities,” states Trevor Schauenberg, CFO of EquipmentShare.