M&A Deal Summary

Electro Rent Acquires Equipment Management Technology

On August 11, 2011, Electro Rent acquired test/measurement equipment company Equipment Management Technology for 11M USD

Acquisition Highlights
  • This is Electro Rent’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Electro Rent’s largest (disclosed) transaction.
  • This is Electro Rent’s 1st transaction in the United States.
  • This is Electro Rent’s 1st transaction in Nevada.

M&A Deal Summary

Date 2011-08-11
Target Equipment Management Technology
Sector Test/Measurement Equipment
Buyer(s) Electro Rent
Deal Type Special Situations/Distressed
Deal Value 11M USD

Target

Equipment Management Technology

Las Vegas, Nevada, United States
Equipment Management Technology, Inc. is a provider of electronic test equipment. Equipment Management Technology, Inc. was established in 1995 and is headquartered in Las Vegas, Nevada.

Search 200,066 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Electro Rent

Van Nuys, California, United States

Category Company
Founded 1965
Sector Test/Measurement Equipment
Employees410
Revenue 197M USD (2016)
DESCRIPTION

Electro Rent is a provider of electronic test and measurement (T&M) equipment solutions. The Company offers rental, leasing, sales of new and used equipment, and asset management services.


DEAL STATS #
Overall 1 of 2
Sector (Test/Measurement Equipment) 1 of 2
Type (Special Situations/Distressed) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-16 Microlease

Harrow, United Kingdom

Microlease PLC is an equipment services and distribution provider to the test and measurement industry. Microlease helps clients deploy equipment when and where needed in the most cost-effective manner via services including rental, leasing, and asset management.

Buy -