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.

Van Nuys 100

Van Nuys Equity Acquisition Capital 100

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.

Van Nuys 124

Van Nuys Equity Beverly Hills Acquisition 124

socalTECH

JANUARY 16, 2015

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. sentry control systems skidata electronic parking garage merger acquisition austria international' SKIDATA is based in Austria.

Van Nuys 100

Van Nuys Acquisition Technology Develop 100

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>>.

Van Nuys 140

Van Nuys Technology Acquisition Sales 140

SoCal Tech Calendar

MAY 31, 2016

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 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

Van Nuys 100

Van Nuys Equity Pricing Company 100

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.

Entertainment 138

Entertainment Van Nuys Tech Coast Angels Acquisition 138

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