Rent Equip

Rent Equip is a specialized rental service offering high-quality construction and landscaping equipment tailored for contractors, small businesses, and DIY enthusiasts. Rent Equip was founded in 2003 and is headquartered in Austin, US. The company focuses on providing rental solutions for construction and landscaping needs. In September 2020, Rent Equip was acquired by Tejas Investment Partners, with financial terms not disclosed.

The founder's history is not publicly available. Rent Equip specializes in the rental of high-quality construction and landscaping equipment tailored to meet the diverse needs of contractors, small business owners, and DIY enthusiasts. Their core offerings include a comprehensive range of machinery such as excavators, skid steers, backhoes, rock saws, and trenchers, all rigorously maintained to ensure optimal operation during rental periods. Additionally, the company provides aerial lifts and a selection of concrete equipment including mixers, jackhammers, and concrete planers, designed to facilitate various construction and utility applications.

Rent Equip serves a broad client base across central Texas, particularly in metropolitan areas, ensuring that customers have access to essential tools for earthwork, utility projects, and general construction tasks. The revenue model of Rent Equip is primarily transaction-based, focusing on short-term equipment rentals to both commercial and individual clients. Typical transactions are structured as direct rentals, allowing customers to reserve machinery either online or via phone, with the flexibility to choose from daily or longer rental periods. This model includes a variety of equipment categories, catering to diverse sectors such as landscaping, plumbing, and construction.

Prices for individual rentals vary based on equipment type and duration, facilitating competitive pricing suited for both small businesses and larger contractors. The emphasis on customer service and expert guidance further enhances client retention and repeat business, contributing to the company's financial performance through consistent usage of its rental fleet. Rent Equip plans to expand its product offerings, enhancing its machinery rental options by introducing new equipment designed for specialized applications within the construction sector. Target markets for geographic expansion include surrounding regions of central Texas, with aims to establish a presence in additional metropolitan areas by 2025.

The acquisition by Tejas Investment Partners in September 2020 will support these initiatives, although specific details on the utilization of funds have not been disclosed.