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Electro Rent Buys Microlease

socalTECH

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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Sentry Control Systems Acquired By SKIDATA

socalTECH

Van Nuys-based Sentry Control Systems , which distributes the ubiquitous electronic parking control systems you find in parking garages, has been acquired by parking technology developer SKIDATA. The two companies said they have been working together since 2000. Financial details of the buy were not disclosed. READ MORE>>.

Van Nuys 100
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Platinum Equity Acquires Electro Rent For $323.4M

SoCal Tech Calendar

Beverlly Hills-based private equity investor Platinum Equity , and Van Nuys-based Electro Rent said Tuesday that the two are in a definitive agreement, where Platinum Equity will pay approximately $323.4M percent over the company's closing price on May 27th. for Electro Rent. Platinum Equity said ti will pay $13.12

Van Nuys 100
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Electro Rent Buys Test Equipment Firm

socalTECH

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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Audiolife Acquired By Alliance Entertainment

socalTECH

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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Electro Rent Acquires Electronic Test Equipment Firm

socalTECH

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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