socalTECH

AUGUST 25, 2011

Van Nuys-based Electro Rent Corporation , a provider of rental, leasing, and sales of electronic test equipment, said Thursday that it has completed its acquisition of Equipment Management Technology. The deal was worth $10.7M. Electro Rent had originally announced the buy on August 12th. READ MORE>>.

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Van Nuys Technology Acquisition Sales 140

socalTECH

AUGUST 12, 2011

Van Nuys-based Electro Rent , the provider of electronic test equipment rentals and leasing, said Thursday that it has purchased Equipment Management Technology , a fellow electronic test equipment company, out of bankruptcy. Electro Rent said it pay $11.1M in cash for the firm, via a private, U.S. Bankruptcy court sale.

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Van Nuys Sales Technology Company 167

socalTECH

MARCH 18, 2010

Van Nuy-based Electro Rent , a firm which provides rental, leasing, and sales of electronic test equipment, said Thursday that it has won a bid to acquire the assets of Telogy, LLC, a bankrupt provider of electronic test equipment. Tags: electro rent telogy merger acquisition bankruptcy electronic test equipment hardware.

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Van Nuys .Net Sales Acquisition 140

socalTECH

MAY 22, 2012

Van Nuys-based Audiolife , the startup which provided product fulfillment for the music industry and artists, has been acquired by Florida firm Alliance Entertainment. Financial terms of the acquisition were not disclosed. Audiolife was founded in 2009.

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Van Nuys Entertainment Tech Coast Angels Acquisition 138

socalTECH

APRIL 1, 2010

Van Nuys-based Electro Rent announced Wednesday afternoon that it has completed its acquisition of Telogy LLC , a supplier of electronic test equipment. Tags: telogy acquisition merger electrorent rent electro. The deal was worth $24.7M.

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Van Nuys Southern California Acquisition 113

socalTECH

JUNE 24, 2016

Beverly Hills-based private equity investor Platinum Equity announced this morning that it has bumped its offer for Van Nuys-based Electro Rent to $15.50 According to Platinum Equity, the increased offer comes due to a receipt by Electro REnt of an unsolicited, third party acquisition proposal. per share offer.

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Van Nuys Equity Beverly Hills Acquisition 124

socalTECH

FEBRUARY 6, 2017

Van Nuys-based Electro Rent , which provides rental and leasing of test and measurement equipment, said Friday that it has completed its acquisition of Microlease from Lloyds Development Capital. Financial details of that acquisition were not announced.

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Van Nuys Equity Acquisition Capital 100