We advised EquipmentShare on its IPO

Davis Polk advised EquipmentShare.com Inc on the $860 million SEC-registered initial public offering of 35,075,000 shares of Class A common stock. The shares sold included 30,500,000 shares sold by EquipmentShare and 4,575,000 shares sold by selling shareholders pursuant to the underwriters’ option to purchase additional shares. EquipmentShare is listed on the Nasdaq Global Select Market under the ticker symbol “EQPT.” This is the first IPO of scale by a Texas-domiciled company.

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 its comprehensive suite of solutions that includes a fleet management platform, telematics devices and a leading equipment rental marketplace.

The Davis Polk capital markets team included partners Michael Kaplan and Pedro J. Bermeo, counsel Claudia Carvajal Lopez and associates Xuanling Xu, Megan P. Phansalkar and Elisabeth (Lizzy) Rosa Di Sant. Partner Veronica M. Wissel provided executive compensation advice. Partner Rory A. Leraris provided litigation advice. Partner David H. Schnabel provided tax advice. Partner David R. Bauer provided intellectual property advice. All members of the Davis Polk team are based in the New York office.

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