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EquipmentShare OWN Program Continues Rapid Growth, Company Supports Third Successful ABS Offering
EquipmentShare OWN Program Continues Rapid Growth, Company Supports Third Successful ABS Offering

Yahoo

time09-07-2025

  • Business
  • Yahoo

EquipmentShare OWN Program Continues Rapid Growth, Company Supports Third Successful ABS Offering

COLUMBIA, Mo., July 09, 2025--(BUSINESS WIRE)-- Inc ("EQS" or "EquipmentShare"), a leading technology-driven equipment rental and solutions provider, announced it has sold a pool of rental equipment to OWN Equipment Fund II LLC ("OEF II"), a third-party investment vehicle that successfully raised proceeds through an institutional investor supported asset-backed securitization ("ABS") collateralized by EQS-managed equipment. EquipmentShare played an active role alongside OEF II in facilitating the ABS transaction, which represents the third securitization through the OWN Program. The transaction is part of EquipmentShare's differentiated capital-light funding model. Under the OWN Program, EquipmentShare sells rental equipment to third-party buyers who lease the equipment back to EquipmentShare to be managed on its rental platform. EQS retains full operational control—deploying, servicing, and renting the assets through its nationwide platform and proprietary technology system, T3—while sharing rental income with the equipment owner. "This successful placement demonstrates the institutional maturity and scalability of the OWN Program," said Jabbok Schlacks, co-founder and CEO of EquipmentShare. "By partnering with funds like OWN Equipment Fund II, we access long-duration, off-balance-sheet capital, while continuing to deliver operational excellence to our customers. We're proud to support this ABS offering and look forward to continuing to grow this programmatic capital channel." The OWN Program enables EquipmentShare to scale efficiently without compromising fleet quality or customer experience. As of March 31, 2025, $3.6 billion of fleet OEC was funded through OWN, representing over 50% of total fleet under management. With 326 locations across the U.S. and $3.9 billion in trailing-twelve-month revenue as of March 31, 2025, EquipmentShare continues to be the fastest growing equipment rental solutions provider in the space through its vertically integrated platform, T3, and a disciplined greenfield expansion strategy. Citi served as Structuring Lead on the securitization. MidOcean Partners led the equity investment and manages OEF II. Mizuho, Fifth Third, and SMBC acted as Joint Active Bookrunners, with MUFG participating as Passive Bookrunner. About EquipmentShare 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 View source version on Contacts Press Inquiries:Amy N. Investor Inquiries:Rhett Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

EquipmentShare OWN Program Continues Rapid Growth, Company Supports Third Successful ABS Offering
EquipmentShare OWN Program Continues Rapid Growth, Company Supports Third Successful ABS Offering

Business Wire

time09-07-2025

  • Business
  • Business Wire

EquipmentShare OWN Program Continues Rapid Growth, Company Supports Third Successful ABS Offering

COLUMBIA, Mo.--(BUSINESS WIRE)-- Inc ('EQS' or 'EquipmentShare'), a leading technology-driven equipment rental and solutions provider, announced it has sold a pool of rental equipment to OWN Equipment Fund II LLC ('OEF II'), a third-party investment vehicle that successfully raised proceeds through an institutional investor supported asset-backed securitization ('ABS') collateralized by EQS-managed equipment. EquipmentShare played an active role alongside OEF II in facilitating the ABS transaction, which represents the third securitization through the OWN Program. The transaction is part of EquipmentShare's differentiated capital-light funding model. Under the OWN Program, EquipmentShare sells rental equipment to third-party buyers who lease the equipment back to EquipmentShare to be managed on its rental platform. EQS retains full operational control—deploying, servicing, and renting the assets through its nationwide platform and proprietary technology system, T3—while sharing rental income with the equipment owner. 'This successful placement demonstrates the institutional maturity and scalability of the OWN Program,' said Jabbok Schlacks, co-founder and CEO of EquipmentShare. 'By partnering with funds like OWN Equipment Fund II, we access long-duration, off-balance-sheet capital, while continuing to deliver operational excellence to our customers. We're proud to support this ABS offering and look forward to continuing to grow this programmatic capital channel.' The OWN Program enables EquipmentShare to scale efficiently without compromising fleet quality or customer experience. As of March 31, 2025, $3.6 billion of fleet OEC was funded through OWN, representing over 50% of total fleet under management. With 326 locations across the U.S. and $3.9 billion in trailing-twelve-month revenue as of March 31, 2025, EquipmentShare continues to be the fastest growing equipment rental solutions provider in the space through its vertically integrated platform, T3, and a disciplined greenfield expansion strategy. Citi served as Structuring Lead on the securitization. MidOcean Partners led the equity investment and manages OEF II. Mizuho, Fifth Third, and SMBC acted as Joint Active Bookrunners, with MUFG participating as Passive Bookrunner. About EquipmentShare 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

The 'best' smartphone of 2025 confirmed - here is the winner of Android v iPhone
The 'best' smartphone of 2025 confirmed - here is the winner of Android v iPhone

Daily Mirror

time09-07-2025

  • Automotive
  • Daily Mirror

The 'best' smartphone of 2025 confirmed - here is the winner of Android v iPhone

The best gadgets of 2025 have just been announced and here are the winners this year. We might only be halfway through the year, but we've already seen some stunning smartphones launched over the past few months. Apple surprised us all with the launch of its cheaper iPhone 16e, and all of the major Android manufacturers continue to unleash impressive call makers. So, who has come out on top so far in 2025? The team at T3 have just answered that question with the technology specialists dishing out their yearly gongs. It seems if you want the very best smartphone, then you'll need to head to a Samsung store with T3 crowning the Galaxy S25 Ultra the "Best Phone" of the year. ‌ It's no surprise that this premium device has collected this coveted award as it comes packed with upgrades including a fast processor, quad rear camera, better screen and a smart S Pen which tucks neatly inside its titanium shell. ‌ The T3 awards aren't just about phones though. Its panel of experts also handed out another 82 awards. These include Product Of The Year (Nintendo Switch 2), Best Electric Car (Maserati GranTurismo Folgore), Best Headphones (Bowers & Wilkins Px7 S3) and Best TV (Samsung S95F). Other winners Apple, Nothing, Sonos, Google and Amazon. Samsung also grabbed the gong for Brand Of The Year. ‌ Speaking about the awards, T3's Editor-in-Chief, Mat Gallagher, said: 'Each T3 award represents a stamp of authority,both for the brand in recognition of its product's performance, but also for those looking to make a purchase. "Our winners have been thoroughly tested by our experts and stand out in an often highly competitive market."You know that if you buy one of these products, you are getting the very best." You can find the full list of winners at T3 here, but here's a pick of the top 18 gongs handed out in 2025. Brand Of The Year • Samsung Product Of The Year • Nintendo Switch 2 Best Smartwatch • Oneplus Watch 3 ‌ Best Smart Video Doorbell • Ring Battery Video Doorbell (2024) Best Soundbar • Sonos Arc Ultra Best Travel Headphones • Sony WH-1000XM6 ‌ Best Earbuds • Technics EAH-AZ100 Best Laptop • Apple MacBook Air ‌ Best Mid-range Phone • Nothing Phone (3a) Pro Best Folding Phone • Google Pixel 9 Pro Fold Best Smart Speaker • Amazon Echo Show 21 ‌ Best Robot Vacuum Cleaner • iRobot Roomba Combo 10 Max Best Electric Bike • Brompton G Line Best Video Streaming • Service Apple TV+ ‌ Best Monitor • Samsung Odyssey OLED G8 (G80SD) Best Hair Styling Tool • Dyson AirWrap Best Air Fryer / Multicooker • Philips 5000 Series Dual Basket Airfryer with Steam

Samsung Galaxy S25 Ultra And Apple MacBook Air Win Latest Major Tech Awards
Samsung Galaxy S25 Ultra And Apple MacBook Air Win Latest Major Tech Awards

Forbes

time03-07-2025

  • Entertainment
  • Forbes

Samsung Galaxy S25 Ultra And Apple MacBook Air Win Latest Major Tech Awards

Tomorrow's Technology Today: that's what T3 originally stood for when it became the first and most innovative lifestyle technology magazine, launching in the U.K. in October 1996. It's arguably still the most essential dedicated tech publication around and it just announced its latest wide-ranging awards. Winners of the T3 Awards 2025 There are 82 awards in total, and you can read the list in full here, but these are the ones that stood out for me. Samsung won a bunch of gongs, including the most important: it's brand of the year because as Editor-in-chief Mat Gallagher said, 'When a brand becomes synonymous with quality across a wealth of different product types, it's a real feat.' The company also snagged Best Phone for the Galaxy S25 Ultra, Best Monitor for the Odyssey OLED G8, Best Gaming TV for the Samsung S95F, which also won Best TV. Samsung Galaxy S25 Ultra The Active Awards are a particularly eclectic collection, ranging from the best trail running shoes (Hoka Tecton X 3) and the best electric bike (Brompton G Line) to the best smart ring, which is the Oura Ring 4 and best smartwatch, the OnePlus Watch 3. As well as the best fitness headphones, which are the Beats Powerbeats Pro 2 in the Active Awards, the Tech Awards had no fewer than four headphone winners. Best Travel Headphones are the Sony WH-1000XM6, Best Headphones are the latest Bowers & Wilkins cans, the Px& S3, Best Earbuds, Technics EAH-AZ100 and the Best Wired Headphones, arguably a more niche proposition these days, which was won by the Meze Audio Liric (2nd Generation). Apple MacBook Air Apple's triumphs came in the Best Laptop category, for the MacBook Air and Best Video Streaming Service for Apple TV+. The Home Awards had plenty of head-turning winners, from the Simba Earth Apex for Best Mattress to Amazon Echo Show 21 as Best Smart Speaker. Amazon also won for the Best Mid-Range TV with its Amazon Fire TV Omni mini-LED. Shark did especially well, picking up Shark PowerDetect for Best Vacuum Cleaner and Shark CryoGlow as Best LED Face Mask. Meanwhile, the Mous Day Backpack won for Best Travel Goods/ Luggage. The Product of the Year was the Nintendo Switch 2, which arrived just in time to qualify. Finally, two Design Awards: Ray-Ban Meta smart glasses won the Design Award, Tech, while the Design Award, Home, went to the Smeg Soda Maker. The full list is well worth checking out.

The 10 Best Travel Hair Dryers for Easy, Effortless Styling Anywhere
The 10 Best Travel Hair Dryers for Easy, Effortless Styling Anywhere

Elle

time02-07-2025

  • Elle

The 10 Best Travel Hair Dryers for Easy, Effortless Styling Anywhere

Every item on this page was chosen by an ELLE editor. We may earn commission on some of the items you choose to buy. When you're traveling, the last thing you need is another thing to pack, especially one of your many hot tools. There are so many reasons why you might be tempted to knock hair dryers off of your packing list: they're heavy and bulky, they take up space that could be filled by another cute pair of shoes or more of your favorite makeup products, and you can always use the hotel hair dryer in a pinch…right? We hate to break it to you, but if you're someone who needs that perfect blow-dry every time you wash your hair, nothing beats bringing your own—especially considering how many people use the same hotel blow dryer. 'Hotel hair dryers are full of bacteria if the hair dryers aren't cleaned regularly,' says Julien Farel, hairstylist and founder of Julien Farel Restore Salon, Spa & Fitness in New York City. The good news is that there are some great travel hair dryers on the market you won't hesitate to make room for in your suitcase. When shopping for a travel hair dryer, there are certain qualities that you should keep an eye out for. 'You want to look for something that has a small size and is lightweight for easy travel. If you travel abroad, you will want dual-voltage since America and Europe use different voltages. Temperature and speed control are still important in a travel dryer, and a dryer with a long cord is also important since the outlets could be out of reach when traveling,' explains Jenna Spino, a stylist at Maxine Salon in Chicago. At the end of the day, you still don't want to sacrifice performance. We polled hair experts and customer reviews to find the 12 best ones. The best travel hair dryers we've assembled for you here will do everything you need them to do—whether that's drying your hair as quickly as possible or helping you eliminate frizz. Ahead, find our favorite picks. T3's travel hair packs a lot into a small package. 'This dryer is super powerful for being so small and lightweight. It features ionic technology to reduce frizz and add shine. It is also super quiet with multiple heat/speed settings,' says Spino. Those who need a diffuser can pick one up separately, and the nine-foot cord means you won't be struggling to reach every single hair. Wattage: 1600 watts Ulta rating: 4.2/5 stars An ELLE Editor says: 'Vacation is the time when all my different personalities come out to play. Do I feel like being a beach wave goddess? Or is a silky straight middle part the vibe? Whatever hairstyle I choose, having my handy T3 travel hair dryer is a non-negotiable. As an over-packer, I love how compact this tool is and all the settings it comes with to leave room for my hot comb and flat iron.'—Nerisha Penrose, beauty commerce editor 'This little dryer is perfect for travel of any kind. It is super lightweight and has a folding handle perfect for packing. The wattage is 1000, which means it can be safe for carrying on planes, and it also has dual voltage. I'm very impressed with its power, and it lasts forever,' says Spino. The small but mighty dryer also features nano-titanium technology to smooth away any flyaways and frizz, and its concentrator gives you plenty of control. Wattage: 1000 watts Amazon rating: 4.4/5 stars An Amazon reviewer says: 'Wow! This little dryer puts out the heat. Perfect for my uses and I find I use it on low 95% of the time. It is small and well made. I'd buy another one if I ever need it, and I would also not hesitate to buy it as a gift for the travelers in my life or those that also have small bathroom spaces.' If you want the best of the best and don't mind dropping the big bucks to get it, Dyson's the way to go. 'Dyson is my go-to when it comes to traveling. It's very light, compact, quiet, but powerful enough to blow dry hair in no time,' says Iudina. It comes with five attachments, so you'll be prepared for anything. Wattage: 1,600 watts Ulta rating: 4.6/5 stars An ELLE editor says: 'Whenever I've used a Dyson hair dryer or had one used on me, I'm amazed at how quickly my hair dries. I'm being so serious when I say that it cuts my drying time by half—and I swear it feels softer afterward, too.' —Carol Lee, associate beauty e-commerce writer The last thing you want when you're traveling is a bad hair day. L'ange's dryer makes getting a static-free, salon-worthy blowout a breeze. It packs a punch with four heat settings and three speed settings, and it weighs less than a pound! Wattage: 1500 watts An Ulta reviewer says: 'It's great for travel as it's small, and if you have plenty of hair, it will take around 10 to 15 minutes to totally blow it out.' Ghd pulled out all the stops for this powerhouse dryer, which is equipped with frizz-fighting ionic technology, a safeguard feature that automatically turns off the hair dryer when it's too close to your hair, and 77 percent of the power of Ghd's beloved Air hairdryer. It nestles perfectly in the included travel case, so you can tote it around worry-free. Wattage: 1300 watts Ghd rating: 4.6/5 stars A Ghd reviewer says: 'I bought this for my friends 40th birthday and she loves it. She travels up and down the country and this has come in handy for her when she's in hotels with rubbish hairdryers. The Ghd Hairdryer is super quick and often no need to use straighteners.' Just like many of the other best travel hair dryers, this budget-friendly option has a fold-up handle, so it'll take up the least amount of space possible. Other top-tier features include shine-encouraging ionic technology, an impressive motor that cuts down on drying time, and a cold shot button to cool hair quickly and lock in your style. Wattage: 1875 watts An Amazon reviewer says: 'This dryer is lightweight an idea for travel. It has a lot of power when blow drying you hair. It was a nice Christmas present to my teen. She has curly hair so the accessories meant something to us. It works well to diffuse her hair.' Ever get frustrated because your hair refuses to dry evenly? This travel hair dryer is designed to solve that issue; the device's wave heater allows for even heat distribution and airflow. Even better, international travelers will want to snatch this one up—it's dual-voltage, so it'll work just fine overseas, too. Wattage: 1200 watts Amazon rating: 4/5 stars An Amazon reviewer says: 'Works just as I hoped. Used this once at a hotel that had this brand. Worked so well I had to buy one myself. Comes with a little travel pouch—great for storage. I don't like drying my hair with a hair dryer but this does the trick without making my hair feel crunchy afterwards.' When it comes down to the basics—that is, drying your hair as evenly and as quickly as possible—the Revlon travel hair dryer is a pro. It gets the job done without any bells or whistles. An Amazon reviewer says: 'The Revlon 1875W Compact Folding Handle Hair Dryer has become my ultimate travel companion, providing convenience and efficiency in a compact design! This hair dryer is perfect for on-the-go use and has quickly become an essential part of my travel essentials.' This is the exact model used by the celebrity hairstylists at the Julien Farel Restore Salon & Spa in New York City. The hair dryer has everything you need to create shiny, voluminous locks at home or in a hotel bathroom: overheating protection, three heat settings (including a cool shot setting), and two speeds. Wattage: 1875 watts Our expert says: 'It's full-size but not overweight and comes with a nozzle and travel bag. The white gloss finish looks great on any countertop.' —Jackson Simmonds, advanced stylist and brand ambassador at Julien Farel Restore Salon & Spa When you have thick or hard-to-dry hair, drying your tresses can be a real chore. Not only does this dryer's ergonomic handle make it comfortable to hold, but it also delivers a powerful flow of air that encourages volume and eliminates dampness in record time. Wattage: 1700 watts FHI Heat rating: 5/5 stars An ELLE editor says: 'I'm ashamed to say that I'm most likely to skip arm day, which means I always appreciate a lightweight device. This one, with its sleek design, definitely fits the bill, and it's pretty quiet to boot.' —Carol Lee, associate beauty e-commerce writer Julien Farel is a hairstylist and the founder of Julien Farel Restore Salon and Spa. Jenna Spino is a stylist at Maxine Salon in Chicago Olya Iudina a stylist at IGK NYC. Jackson Simmonds, advanced stylist and brand ambassador at Julien Farel Restore Salon & Spa. According to Spino, you should watch out for airline restrictions—typically, companies only allow hair dryers up to 1600 watts in your carry-on bag. 'Also, avoid dryers that only have an on/off button because then you can't control the speed or temperature of the dryer,' she adds. Meanwhile, Iudina warns against 'heavy, big-sized dryers. An extra long cord is probably also not necessary,' she says. Another vital piece of advice for international jet setters: 'Always check voltage compatibility and ensure your hair dryer is dual-voltage or has the correct voltage settings for your destination to avoid damage or safety issues,' emphasizes Farel. Different countries use different voltages, so plugging in a hair dryer that doesn't align with that country's voltage could damage the dryer and could even be dangerous. Thankfully, using a dual-voltage dryer or utilizing a voltage converter or transformer with a single-voltage dryer should do the trick. 'It's advised to pack your hair dryer in your carry-on luggage to prevent damage in checked baggage and for quick access during your journey.' After all, you never know when you might have a hair emergency and need a quick fix in the airport bathroom. You also want to make sure your hair dryer stays safe and secure throughout your travels. 'If you've got a travel hair dryer that comes with a case, that's wonderful. If it did not, you can simply wrap the dryer in a towel before packing. Make sure to wrap the cord neatly so it does not get tangled or frayed, and keep the dryer clean and dry,' explains Spino. As a leading publisher of fashion, lifestyle, and beauty content, is committed to highlighting the best products in various categories by personally testing the latest and most innovative products, interviewing countless experts, and vetting customer-loved items. For this piece, Carol Lee spoke with experts about the best dryers on the market and how to shop for them. Lee also tested a few top-rated products and perused reviews for dozens of others, assessing each on their features and customer evaluations.

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