EquipmentShare
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EquipmentShare is a technology-enabled construction equipment rental and solutions provider that is transforming the $84 billion U.S. construction equipment and general tool rental industry. Started in 2014, EquipmentShare provides contractors with smarter, more connected equipment management through its proprietary vertically integrated T3 platform.
The company's innovative approach combines traditional equipment rental with cutting-edge technology, enabling contractors to track, manage, and optimize their equipment fleets, materials, and people in real-time. EquipmentShare's platform provides unprecedented visibility into equipment utilization, location, and performance metrics.
With hundreds of locations across the United States, EquipmentShare has grown to become one of the fastest-growing companies in the construction technology space, recognized by Inc. 5000 and various industry awards for innovation and growth.
7,700+
Employees
373
Locations
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Jabbok Schlacks
Co-Founder & CEO
Jabbok Schlacks is the co-founder and CEO of EquipmentShare. Jabbok oversees critical business aspects such as go-to-market strategy, business analysis, equipment rental processes, dealerships and services, and workplace culture and recruitment.
Prior to co-founding EquipmentShare, Jabbok spent more than 25-years in the construction industry with Schlacks Construction, and has founded five companies and raised significant institutional capital throughout his career. Jabbok also sits on the Wall Street Journal's Chief Executive Officer Council.
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Willy Schlacks
Co-Founder & President
Willy Schlacks is the co-founder and President of EquipmentShare. Willy oversees the development and design of EquipmentShare's technology and products to drive the future of construction.
Prior to co-founding EquipmentShare, Willy spent more than 25-years in the construction industry with Schlacks Construction and has founded five companies and raised significant institutional capital throughout his career. Willy was recognized as one of the Most Exceptional Entrepreneurs by Goldman Sachs in 2024.
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Mark Wopata
Chief Data Officer and EVP of Finance
Mark Wopata is the Chief Data Officer and EVP of Finance at EquipmentShare, where he oversees financial strategy, financial planning and analysis, analytics, information technology, and corporate operations functions. Mark joined EquipmentShare in 2019.
Prior to EquipmentShare, Mark held various roles in financial planning and analysis at Humana Inc., a health insurance and services company. Mark holds a Bachelor of Science in Economics from Truman State University.
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David Marquardt
Chief Financial Officer & Chief Accounting Officer
David Marquardt is the Chief Financial Officer and Chief Accounting Officer at EquipmentShare, where he leads the finance and accounting functions. David joined EquipmentShare in 2021.
Prior to EquipmentShare, David served as a Managing Director at Riveron Consulting, an accounting advisory firm, and as a Partner at Ernst & Young LLP, in the Assurance & Advisory Services practice. David has spent more than 36 years providing financial and accounting services. David holds a Bachelor of Science degree from Northern Illinois University.
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Who is EquipmentShare?
Founded in 2015 by brothers Jabbok and Willy Schlacks, EquipmentShare was established to address operational challenges the founders observed during 25 years in the construction industry. After experiencing systemic issues with equipment downtime and a lack of jobsite visibility, they built a platform designed to serve as the "connective tissue" for the modern builder. Today, EquipmentShare is a nationwide provider of construction technology and equipment solutions. The company integrates a large rental fleet with its proprietary T3® operating system to provide contractors with real-time data and unified jobsite management.
Why is EquipmentShare going public now?
For the founders, this milestone is the next chapter in a journey that began on the jobsite. After seeing how a lack of digital tools could hinder project progress, they founded the company to provide the industry with data-driven infrastructure. Listing on the Nasdaq provides an efficient channel for equity capital to manage the company's cost of capital as it scales, and signals our commitment to transparency which builds trust with all of our audiences. The company intends to use the proceeds to expand its service network to 700 locations over the next five years and broaden the adoption of its T3® technology to support contractors executing on the $7 trillion pipeline of U.S. infrastructure and industrial projects.
What is the T3 platform?
T3 is a proprietary, brand-agnostic hardware and software platform that connects jobsite assets (regardless of make or model), materials, and people. By converting jobsite data into predictive maintenance and real-time visibility, T3 allows contractors to move from analog processes to a digital environment. The platform serves as the internal operating system for EquipmentShare and is also provided to rental customers to drive operational productivity.
What is the "OWN" program?
The OWN program is a capital-light fleet growth model that allows the company to scale its equipment to meet customer demand while staying balance sheet-light and creating best-in-class return on invested capital. Historically, this integrated platform and model have driven a return on invested capital of 16.5%.
What is the company’s impact on jobsite safety and labor?
Safety: The T3 platform utilizes access-control technology to ensure only qualified and approved personnel operate machinery. It also protects against theft, fuel loss, and equipment misuse. Access control ties machines to trained operators and logs usage in real time, helping contractors enforce safety protocols and accountability.
Labor Efficiency: By providing digital visibility into workflows, T3 helps the existing workforce optimize daily tasks and increase production per labor hour.
How does EquipmentShare view sustainability?
The company operates on the principle that efficiency is sustainability. By using technology to reduce engine idle time and streamline labor logistics, EquipmentShare helps the construction sector lower its carbon footprint while running more resilient businesses.
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Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare is a nationwide construction technology and equipment solutions provider dedicated to transforming the construction industry through innovative tools, platforms and data-driven insights. By empowering contractors, builders and equipment owners with its proprietary technology, T3®, EquipmentShare aims to drive productivity, efficiency, and collaboration across the construction sector. With a comprehensive suite of solutions that includes a fleet management platform, telematics devices and a best-in-class equipment rental marketplace, EquipmentShare continues to lead the industry in building the future of construction. For more information, visit www.equipmentshare.com.
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EquipmentShare is a technology-enabled construction equipment rental provider. The company combines traditional equipment rental with its proprietary T3 telematics platform to deliver smarter equipment management solutions to contractors across the United States.
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Press Inquiries
press@equipmentshare.com
