EquipmentShare Completes $230M Funding Round to Expand Technology and U.S. Footprint, Announces News Chief Financial Officer
ACCESSWIRE
16 Jul 2021, 08:31 GMT+10
COLUMBIA, MO / ACCESSWIRE / July 15, 2021 / EquipmentShare, an equipment and digital solutions provider serving the construction industry, announces the completion of a $230 million funding round led by Tiger Global Management, The Spruce House Partnership and RedBird Capital Partners, with additional participation from Tru Arrow Partners and existing investors Romulus, Insight Partners and Anchorage Capital Group. These fundraising efforts provide capital for EquipmentShare to launch its core technology solution, T3, the operating system for construction, and expand its suite of technology solutions. This investment round also allows the company to increase its national footprint to better serve the needs of its customers.
EquipmentShare Completes $230M Funding Round to Expand Technology and U S Footprint, Announces Appointment of Former GE Capital Executive Trevor Schauenberg as Chief Financial Officer
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EquipmentShare Completes $230M Funding Round to Expand Technology and U S Footprint, Announces News Chief Financial Officer
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1/14/21
Constellation Affiliated Partners today announced the
acquisition of INSUREtrust, a specialty wholesale broker and MGA headquartered in Atlanta, Georgia. Financial terms of the transaction were not disclosed.
“INSUREtrust has a stellar reputation in the cyber risk marketplace, an experienced team of brokers and underwriters, and a commitment to the development of technology to drive their business, which were driving forces behind this new partnership,” said
Bill Goldstein, CEO of Constellation. “At Constellation we strive to engage with companies that fall within our guiding principles of innovation, technology, and product excellence. The INSUREtrust brand embodies all of these elements in one, award-winning package. We look forward to integrating them into the current portfolio of companies and product offerings.”