ToolHub Equipment Rentals — Growth Round

About this business

ToolHub Equipment Rentals rents construction and industrial equipment to contractors from a fleet built up since 2009. The business runs an 18% EBITDA margin on a sizeable asset base of owned equipment, and is raising a minority round to add fleet capacity ahead of demand from ongoing infrastructure projects in its territory. The promoter is retaining majority control through this round.

Key highlights

• Construction and industrial equipment rental fleet built up since 2009
• 18% EBITDA margin on a sizeable owned-equipment asset base
• Minority round funds fleet expansion ahead of infrastructure demand