ShareGrid acquires UK peer-to-peer film and camera rental community BorrowFox

INSUBCONTINENT EXCLUSIVE:
people rent out their under-utilised gear
ShareGrid says it expects to launch in the U.K
in 2020 (where it will compete with the likes of Fat Lama).Terms of the deal remain undisclosed, although I understand ShareGrid is
rent film and camera equipment from each other, including cinema cameras, still cameras, lenses, audio equipment, drones, lighting
equipment, gimbals and other accessories, as well as studio space, locations and production vehicles.The idea behind the service is to help
creatives access world-class equipment at lower rental fees, and earn an income from their unused gear
photographers and production professionals.Following the acquisition, ShareGrid says it will host more than 100,000 users, with more than $1
billion worth of film and camera equipment available on its combined platform
Once the acquisition is complete and ShareGrid has launched in the U.K., existing BorrowFox members will be asked to transfer their account