Sunbelt is a leading equipment rental company operating in North America and the UK. The company rents diverse equipment to construction, industrial, and non-construction customers, providing an alternative to equipment ownership. Sunbelt organizes its operations into three segments: North America General Tool, North America Specialty, and the UK. Its product catalog includes general tools such as aerial work platforms and earthmoving equipment, as well as specialty lines covering power, HVAC, and modular space solutions. The business model generates the vast majority of revenue through rental fees, supplemented by sales of used equipment. Key drivers of performance include fleet size, equipment utilization, and rental rates. Through its Sunbelt 4.0 strategy, Sunbelt focuses on network densification by opening greenfield locations and pursuing bolt-on acquisitions. The company specifically targets high-value mega projects like data centers and semiconductor plants. While General Tool remains the largest segment, Sunbelt is aggressively expanding its Specialty business, which requires more technical expertise and offers higher returns on investment. To drive efficiency, Sunbelt uses its Sunbelt Edge technology platform to centralize logistics and field services. Management argues that its scale and technical depth allow it to capture a disproportionate share of complex, large-scale projects.