A special thanks here to Andres Villamizar and Xiaowei Luan at AX Partners Inc. and Peter Morgan and his team at Winston & Strawn LLP for their work on this transaction. We are looking forward to the next stage of growth in our partnership with EquipmentShare.
We are pleased to announce the closing of the $370MM inaugural asset backed warehouse financing facility for our clients: Equipmentshare.com and Crockett Partners. AX Partners served as a transaction advisor to help our clients set up their financing program. AX Partners is a capital markets service provider dedicated to helping companies utilize asset-based financing products including securitization and working capital financing to meet their business needs. We look forward to continuing to support EQS and Crockett as they expand the platform. About EquipmentShare Founded in 2015 and headquartered in Columbia, Mo., 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. About Crockett Crockett Partners was formed to own, rent, and resell construction and industrial equipment. Crockett Partners, through an agreement with EquipmentShare.com, of Columbia, MO, will place its equipment on EquipmentShare’s third-party equipment ownership platform to be rented to EquipmentShare’s end customers. Crockett Partners is a portfolio company of 1819 Partners, a private investment firmed based in Memphis, TN.