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VanNuys-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>>.
VanNuys-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.
VanNuy-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.
VanNuys-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.
VanNuys-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.
Beverly Hills-based private equity investor Platinum Equity announced this morning that it has bumped its offer for VanNuys-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.
VanNuys-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.
VanNuys-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. sentry control systems skidata electronic parking garage merger acquisition austria international' SKIDATA is based in Austria.
Beverlly Hills-based private equity investor Platinum Equity , and VanNuys-based Electro Rent said Tuesday that the two are in a definitive agreement, where Platinum Equity will pay approximately $323.4M for Electro Rent. Platinum Equity said ti will pay $13.12 per share in cash for Electro Rent, which it says is a premium of 24.4
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