Electro Rent Corporation Completes Acquisition of Microlease

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LOS ANGELES, CA and LONDON, UNITED KINGDOM--(Marketwired - February 03, 2017) - Electro Rent Corporation announced today it has completed the acquisition of Microlease from Lloyds Development Capital. Microlease CEO Nigel Brown said the transaction creates a premier platform with a global footprint. Both companies are leaders in testing and measurement equipment rental, sales, and asset management services," said Mr. Brown. It has almost 50 years of experience in advising customers on their best acquisition approach, including rent, purchase and leasing options and combinations. It helps clients deploy equipment when and where needed in the most cost-effective manner via services including rental, leasing, and asset management.

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