KBS - Equipment-as-a-Service - Market Insight

M&A ACTIVITY CONTINUES TO RISE WITHIN THE EAAS INDUSTRY

Mergers and acquisitions (M&A) activity in the equipment-as-a-service (EaaS) industry is showing strong momentum.

This sector comprises companies which provide physical equipment to customers on a subscription or pay-per use basis, rather than selling it outright. That approach shifts a capital expense to an operational cost, allowing customers to access the latest technology without the need for large upfront investments. Typically, the service includes bundled offerings such as maintenance, monitoring and technical support, with the provider retaining ownership of, and responsibility for, the equipment. Many EaaS solutions incorporate smart technology and Internet of Things (IoT) sensors to track performance, usage and maintenance needs in real time, enabling predictive servicing and improved efficiency. This model is increasingly popular in sectors such as manufacturing, construction and healthcare where organisations benefit from scalability, reduced downtime and cost predictability.

Construction Equipment Rental & Leasing in the UK PRODUCTION & SERVICES SEGMENTATION Industry revenue in 2025 broken down by key product and service lines.

Earthmoving equipment (£3.5bn)

39.2%

Aerial work platforms and scaffolding (£2.3bn)

25.9%

Cranes (£1.3bn)

14.0%

Pumps and generators (£1.1bn)

12.3%

Other equipment (£776.6m)

8.6%

SOURCE: IBISWorld

KBS Corporate’s extensive experience in advising on successful EaaS transactions, allied to our ongoing engagement in this dynamic market, has provided us with a unique perspective. We have conducted an in-depth analysis of the company sales landscape within this sector, offering valuable insights into the key trends shaping sales activity. This includes the strategic moves of leading acquirers and the vital role of private equity in driving industry consolidation. We present significant industry transactions, highlighting notable deals and market dynamics that are reshaping the competitive landscape - along with a detailed overview of completed transactions facilitated by KBS Corporate - offering a practical look into real-world M&A examples within the EaaS space.