Milestone Equipment Holdings Valuation, Funding & Investors

Milestone Equipment Holdings is valued at $1.4B as of September 2021.

Last Milestone Equipment Holdings valuation

$1.4B

Undisclosed stage · Sep 2021

Last Milestone Equipment Holdings funding round

$1B

Undisclosed stage · Sep 2021

Cumulative funding Milestone Equipment Holdings raised

$1B

across 1 funding round

Key investors in Milestone Equipment Holdings

Milestone Equipment Holdings Overview

About Milestone Equipment Holdings

Milestone Equipment Holdings is a United States equipment lessor renting dry van trailers, intermodal chassis and shipping containers to carriers, shippers and logistics operators. The fleet runs to roughly 100,000 units held across depots nationwide, and customers take equipment on long-term leases or short-term rentals depending on how their freight volumes move. Earnings come from lease rates on owned assets and from managing equipment on behalf of others.


HQ

United StatesSt. Louis, MO

Status

Privately held

Customer focus

B2B

Revenue model

Services, Usage-based

Valuation

$1.4B (Sep 2021)

Milestone Equipment Holdings Valuation

Milestone Equipment Holdings is currently valued at $1.4B, based on its undisclosed-stage round in September 2021. Read the announcement ↗

The $1B round was led by Partners Group and Barings Participation.

Milestone Equipment Holdings valuation by funding round

Milestone Equipment Holdings valuation by funding round
DateStageValuation
Sep 2021Undisclosed stage$1.4B

Milestone Equipment Holdings Funding History

Milestone Equipment Holdings has raised a total of $1B across 1 funding round.

Milestone Equipment Holdings funding rounds

Milestone Equipment Holdings funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2021Undisclosed stagePartners Group (lead); Barings Participation (lead)$1B$1.4BPartners Group acquired a significant equity stake in Milestone Equipment Holdings, one of the largest providers of transportation equipment and supply chain solutions in the United States, partnering with Barings. The recapitalisation, led by Barings, raised over USD 1.0 billion in equity commitments from institutional investors and valued Milestone at an enterprise value above USD 1.4 billion. Milestone operated a fleet of more than 95,000 owned and managed trailers, chassis and containers across over 70 locations. Demand had been lifted by the growth of e-commerce freight.

Who has invested in Milestone Equipment Holdings?

2 investors have backed Milestone Equipment Holdings across its funding rounds, including Partners Group and Barings Participation.

Lead investors include Partners Group and Barings Participation.


Milestone Equipment Holdings Investors

Investors in Milestone Equipment Holdings by funding rounds participated
InvestorHQRoundsRoleFirst check

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Milestone Equipment Holdings Competitors

Milestone Equipment Holdings competitors include listed companies like U-Haul, PROG Holdings, Fukuyama Transporting and Shanghai Foreign Services, and private ones like Porter and Veho.

Public and private companies comparable to Milestone Equipment Holdings
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PorterIndiaBangalorePrivate$461M$5M$1.2B-
U-HaulUnited StatesUnited StatesPublicly listed$6B$1.6B$11B2.9x
PROG HoldingsUnited StatesUnited StatesPublicly listed$2.4B$1.8B$1.4B0.8x
Fukuyama TransportingJapanJapanPublicly listed$2B$275M$1.4B0.9x
Shanghai Foreign ServicesChinaChinaPublicly listed$3.6B$149M$1.4B0.1x
VehoUnited StatesBoulder, COPrivate$327M-$1.5B-

Milestone Equipment Holdings Public Comps

Milestone Equipment Holdings is still privately-owned, but its public comps include PROG Holdings, Fukuyama Transporting, Shanghai Foreign Services, Dubai Taxi, Zigup, LOTTE Rental Co., Dazhong Transportation, Willis Lease Finance, Prosegur Cash and Hangzhou SF Intra-City.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
PROG Holdings$2.4B$1.8B0.9x0.8x1.2x6.6x
Fukuyama Transporting$2B$275M0.9x0.9x7.0x9.1x
Shanghai Foreign Services$3.6B$149M0.1x0.1x1.9x2.1x
Dubai Taxi$674M$177M2.4x2.5x9.3x11.0x
Zigup$2.5B$637M1.1x1.1x4.1x3.7x
LOTTE Rental Co.$2.1B$1B2.1x2.1x4.5x4.3x
Dazhong Transportation$332M$132M4.9x-12.3x-
Willis Lease Finance$730M$406M4.8x4.6x8.7x7.3x

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Common questions about Milestone Equipment Holdings

Where is Milestone Equipment Holdings headquartered?Milestone Equipment Holdings is headquartered in St. Louis, MO, United States.
Is Milestone Equipment Holdings publicly listed?No, Milestone Equipment Holdings is a private, VC-backed company.
What is Milestone Equipment Holdings' valuation?Milestone Equipment Holdings was last valued at $1.4B in its undisclosed-stage round in September 2021.
How much funding has Milestone Equipment Holdings raised?Milestone Equipment Holdings has raised $1B across 1 funding round.
What was Milestone Equipment Holdings' last funding round?Milestone Equipment Holdings' last funding round was a $1B undisclosed-stage round in September 2021, led by Partners Group and Barings Participation.
Who are Milestone Equipment Holdings' investors?Milestone Equipment Holdings' investors include Barings Participation and Partners Group.
Which companies are comparable to Milestone Equipment Holdings?Companies comparable to Milestone Equipment Holdings include Porter, U-Haul, PROG Holdings, Fukuyama Transporting, Shanghai Foreign Services and Veho.

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