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EDCO, or Equipment Development Company, specializes in manufacturing robust industrial equipment designed for durability in demanding rental and construction environments. The company produces a range of "Rental-Tough" products including surface preparation, floor grinding, removal, sawing, and drilling equipment. Its capabilities extend to complex fabrication, welding, precision machining, assembly, and design, delivering essential tools for various construction and renovation projects.
The company was originally incorporated in 1955 as Rental Tools & Equipment Company. A key early insight came from Leo Swan, who was hired to visit job sites and identify pressing customer needs within the equipment rental market. This direct engagement informed the development of products specifically engineered for longevity and performance. Today, the Swan and Harding families own and operate EDCO, maintaining its foundational focus on practical, resilient equipment.
EDCO’s primary customers include equipment rental companies and various commercial or industrial contractors who require reliable tools for professional applications. The company’s vision centers on consistently delivering high-quality, durable machinery that withstands rigorous use. It aims to remain a trusted provider of purpose-built equipment, supporting operational efficiency and project success across the industries it serves.
EDCO has 1 tracked investment across 1 company. The latest tracked deal is $1.0M Seed in SkySquad in June 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2022 | SkySquad | $1.0M Seed | Elevate Capital | Altair Capital Management, 1219 Capital Partners, Citrine Angels |