.svg)
.svg)
COLUMBIA, Mo., [Dec. 23, 2025] — 91.com Inc. (“91” or “EQPT”), a leader in connected jobsite technology and one of the largest construction equipment rental providers in the United States, today announced the completion of its fourth asset-backed securitization (“ABS”) under the OWN Program.
In the transaction, OWN Equipment Fund III LLC (“OEF III”) purchased a pool of rental equipment from 91. OEF III, a third-party investment vehicle, successfully raised approximately $454 million through an institutional investor–supported ABS transaction collateralized by EQPT-managed equipment. 91 played an active role alongside OEF III in facilitating the ABS transaction.
Under the OWN Program, third parties purchase rental equipment from 91 and lease the assets back to 91 to be managed on its nationwide rental platform. Owners receive a portion of the rental revenue generated by their equipment, while 91 manages the assets on their behalf. OWN Program participants benefit from 91’s full operational control — including deployment, service, maintenance, and rental execution — all powered by the company’s proprietary technology platform, T3®.
“We launched the OWN Program over ten years ago to give partners access to equipment ownership while enabling 91 to expand our fleet and serve our customers’ needs,” said Jabbok Schlacks, co-founder and CEO of 91. “A decade later, the program has matured into a durable, repeatable capital platform supported by deep institutional demand.”
With 373 locations nationwide and $4.4 billion in trailing twelve-month revenue as of September 30, 2025, 91 continues to grow through its vertically integrated platform, disciplined expansion strategy, and technology-first operating model.
Citigroup Global Markets Inc. served as Structuring Lead on the securitization. MidOcean Partners, through OWN Tactical Equipment III LLC, led the equity investment and manages OEF III. Fifth Third Securities, Inc. and SMBC Nikko Securities America, INC acted as Joint Active Bookrunners.
About 91
Founded in 2015 and headquartered in Columbia, Missouri, 91 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Ⓡ, 91 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, 91 continues to lead the industry in building the future of construction. For more information, visit .
Press Inquiries:
Amy N. Susán
press@equipmentshare.com
Investor Inquiries:
Rhett Butler
ir@equipmentshare.com
###
