West Hills, CA, Sept. 17, 2018 (GLOBE NEWSWIRE) -- Electro Rent, a global leader in test equipment services, today announced the appointment of Tom Reslewic as the company's new Global CEO. . Instruments for measuring, testing, and generating electronic and electrical parameters such as voltage, current, resistance, frequency, capacitance, inductance, and signal quality; rf signal testing, oscilloscopes, test and measurement equipment, namely, electrical and power test and measurement equipment; antenna and PIM analyzers, wireless communication test equipment, sonic analyzers . The transaction is expected to close during Q1 2017. 2. The CMA has today begun an in-depth, phase 2, investigation into Electro Rent's acquisition of Microlease. MICROLEASE is a trademark and brand of Electro Rent Corporation, West Hills , CA . Report this profile . Pre-Owned T&M Equipment is an excellent way to reduce the cost of . Embed Graph. Microlease Inc. and Test Equipment Asset Management Limited ("Microlease", and together with Electro Rent, the "Parties") (the "Merger"), and responds to the CMA's Provisional Findings Report ("PFs") issued on 5 February 2018. Our combined technical, finance, and asset management . We are now Electro Rent - follow our Electro Rent Europe page to keep up to date with our latest news, tips, and advice: | We are the experts in test and measurement equipment, with the largest, most comprehensive test equipment service provider, supporting market-leading customers around the world. At Electro Rent, we are ready to serve our customers from… Liked by Nigel Rennie. • Completed the 2013 Dell Finance Internship Program. . NOV 21, 2016 - 7:20 am. On May 31, 2016, Platinum Equity announced its intent to acquire Electro Rent for $382.2 million. Under the Electro Rent name, the unified business will be positioned to provide Smarter Solutions for Testing and Technology, with the largest independent inventory of test and measurement equipment in Europe and globally. 13 Feb 2019. Operating Status Active. Harrow, United Kingdom CTO Asset Management. Electro Rent | 3,618 followers on LinkedIn. View revenue for all periods. This represents a major shift in Europe's equipment rental sector and creates a global player in Electro Rent, which itself was acquired by Platinum Equity in August. Welcome to Microlease, experts in Test and Measurement equipment and the leading source for equipment supply and management. UK. On 14 June 2017, the Competition and Markets Authority (CMA) announced that it has decided that it will refer the completed acquisition by Electro Rent Corporation of Test Equipment Asset Management and Microlease Inc. for a Phase 2 merger investigation unless acceptable undertakings in lieu of reference are offered.. The reason was that Electro Rent and Microlease were considering a merger. Microlease Revenue. Contact. Microlease is a subsidiary of Electro Rent. Sale of Microlease to Electro Rent Corporation Deal Type Transaction Services Industry Business Services & Technology & Media. The move to a single identity as Electro Rent Corporation was made possible when the UK's Competition and Markets Authority (CMA) cleared Microlease and Electro Rent Europe to operate as a single entity. Electro Rent's acquisition of Microlease faces an in-depth merger investigation - unless the company can address competition concerns. Microlease Telecommunications Harrow, Middx 3,422 followers We are now Electro Rent - follow our Electro Rent Europe page to keep up to date with our latest news, tips, and advice: The transaction is expected to close during Q1/17. Its services help minimise the costs of acquiring test equipment, optimise its use and maximise return at end of life without stretching capital expenditure . Microlease, experts in Test and Measurement equipment and the leading source for equipment supply and management. Photo Photo Liked by Nigel Rennie. The Rental and Leasing of TME Rental. Microlease and Electro Rent in Europe have announced the start of the integration of their European operations. Microlease, along with the Livingston brand and Electro Rent in Europe, have completed the consolidation of their European . • Engineers find test assets in seconds vs days, resulting in faster time to market. Founded Date 1979. The move to a single identity as Electro Rent Corporation was made possible when the UK's Competition and Markets Authority (CMA) cleared Microlease and Electro Rent Europe to operate as a single entity. Overview; Rent Test Equipment; Lease and Finance; Buy New Test Equipment; Buy Used Test Equipment; Sell Test Equipment; Asset Management ©2022 Electro Rent plc. George Acris is a Director, Digital Programs at Electro Rent based in West Hills, California. The three companies will operate within the global Electro Rent Corporation as Electro Rent. Pre-Owned T&M Equipment is an excellent way to reduce the cost of acquiring equipment Microlease is part of the Electro Rent group of companies. 14 February 2019, Harrow, UK - Microlease and Electro Rent in Europe have today announced the start of the integration of their European operations. Financial terms were not disclosed. "Both companies are leaders in testing and measurement equipment rental, sales, and asset management services," said Nigel Brown, CEO of Microlease. Manager in collection at E2 Power Sdn. With the merger of Microlease and Electro Rent, we are proud to be the largest, most comprehensive test equipment services provider for market leaders around the world. The PFs state that the acquisition by Microlease of Electro Rent is likely to give rise to a Microlease and Electro Rent have started the integration of their European operations. Electro Rent Corporation is a provider of rental, leasing, and sales of electronic test and measurement (T&M) equipment, and in the United States rents personal computers and servers. This follows an initial, phase 1, investigation which identified competition concerns . Microlease, along with the Livingston brand and Electro Rent in Europe, have completed the consolidation of their European operations. Microlease CEO Nigel Brown said the combination will create a premier platform with a global footprint. Headquarters Regions San Francisco Bay Area, Silicon Valley, West Coast. Previously, George was a Director, Marketing (Europe) at Platinum Equity.George received a Bachelor of Science degree from Cardiff University Prifysgol Caerdydd and a Master of Business Administration from University of Bath. Microlease CEO Nigel Brown said the combination will create a premier platform with a global footprint. Electro Rent Corp said Feb. 3 that it closed its buy of Microlease from Lloyds Development Capital. Electro Rent's rental, lease, sales and asset management solutions serve industry-leading innovators in communications, aerospace and defense, automotive . LOS ANGELES / LONDON - 16 November 2016 - Electro Rent Corporation today announced it entered into an agreement to acquire Microlease from Lloyds Development Capital. Page 1 of 1 1. Electro Rent Asia | 益萊儲 Appliances, Electrical, and . Manufacturing. A free inside look at company reviews and salaries posted anonymously by employees. This trademark was filed to USPTO on Thursday, April 21, 2022. The MICROLEASE is under the trademark classification: Construction and Repair Services; The MICROLEASE trademark covers Installation, maintenance, and repair of electrical and power test and measurement equipment for use in connection with research . Our combined technical, finance, and asset management . The group has found that Electro Rent, though significantly smaller than Microlease in the UK, was the only other rental company operating in the country to have the resources and stock to compete . Electro Rent is one of the largest global organizations devoted to the rental, leasing and sales of general purpose electronic test equipment, personal computers and servers. Microlease provides a range of solutions to help organisations obtain . LDC has sold London-based equipment services company Microlease to US trade buyer Electro Rent., Exits, UK / Ireland, Industrials, LDC, United Kingdom, Trade sale Financial terms were not disclosed. Electro Rent and Microlease rent, lease and sell . Under the Electro Rent name, the unified business will be positioned to provide Smarter Solutions for Testing and Technology, with the largest independent inventory of test and measurement equipment in Europe and globally. We are now Electro Rent - follow our Electro Rent Europe page to keep up to date with our latest news, tips, and advice: | We are the experts in test and measurement equipment, with the largest, most comprehensive test equipment service provider, supporting market-leading customers around the world. Microlease and Electro Rent Europe combine to become Electro Rent Corporation About Electro Rent. Electro Rent's activities being less than 1%, this Merger Notice focuses on the overlap in relation to the rental/leasing of TME. This will give its customers access to a global inventory worth more than $1.2bn. The Competition and Markets Authority (CMA) believes that it is or may be the case that the Parties' enterprises have ceased to be distinct and that the share of supply test is met. Microlease, along with the Livingston brand and Electro Rent in Europe, have completed the consolidation of their European . Electro Rent EMEA | 23 followers on LinkedIn. Electro Rent (Formally Microlease) has an extensive world wide inventory and enables customers to purchase quality pre-owned T&M Equipment when they need it most. Electro Rent (formerly Microlease) Apr 2013 - Present 8 years 5 months. It will also consolidate the Microlease and Livingston brands into Electro Rent during this time. The four-month period for a decision, as extended, A Global Test & Technology Solutions Provider | Electro Rent is a global leader in test and technology solutions that enable its customers to accelerate innovation and optimize investments. • Sr. Credit & Collection Specialist, SEA at Electro Rent Asia. • Asst. LOS ANGELES / LONDON - 16 November 2016 - Electro Rent Corporation today announced it entered into an agreement to acquire Microlease from Lloyds Development Capital. • Graduated from Tunku Abdul Rahman College University in year 2013. Microlease, the UK-based test equipment rental and selling business, is the target of an agreed takeover by US firm Electro Rent. $1.1 billion of inventory, immediate shipping to over 100 countries, and a world-class accredited calibration and repair lab . 16 th November 2016. March 13, 2020. Press . BDO provided vendor due diligence and top up due diligence in connection with the sale by Lloyds Development Capital of its interest in Microlease, the equipment services and distribution provider to the test and . We would like to show you a description here but the site won't allow us. Financial terms were not disclosed. 17 May 2018: The CMA has found that the merger between Electro Rent and Microlease may give rise to competition concerns in the rental supply of testing and measurement equipment in the UK. It will also consolidate the Microlease and Livingston brands into Electro Rent during this time. Electro Rent Corporation announced today it has completed the acquisition of Microlease from Lloyds Development Capital. Microlease, was founded in 1979 and is now a leading global Electronic Test and Measurement Equipment company and ships to over 85 countries globally. Both companies were close competitors in the test and measurement rental market, supplying rental test equipment to industries such as telecommunications, defence, utilities and information technology. Microlease, now part of the Electro Rent Group, has signed a major rental agreement in Europe with Megger. 2. Please follow our Electro Rent Europe page to keep up to date with our latest news, tips, and advice: | We're delighted to say that Microlease and . Email: ebay.emea@electrorent.com. The two companies will merge to join the global Electro Rent Corporation. The Microlease and Livingston brands will also be integrated into Electro Rent during this time. Electro Rent, a global business with its headquarters in the US, acquired Microlease in February 2017. The new deal will give Electro Rent clients access to high-end Megger products through flexible rental options, paired with expert advice and support. Microlease | 3,428 followers on LinkedIn. Electro Rent announces that it has completed the consolidation of Microlease's European operations, as well as Livingston and Electro Rent in Europe. Show more profiles Show fewer profiles Others named . Electro Rent Corporation announced today it has completed the acquisition of Microlease from Lloyds Development Capital. Electro Rent to Acquire Microlease. • Customer Service Executive at Microlease. Electro Rent was founded in 1965. . The transaction is expected to close during Q1/17. Company Type For Profit. View Latest Digital Edition. The move is expected to deliver better service and support to . Income Statement. This is an exciting innovation… The deal is expected to close in the first quarter of 2017. The two companies will merge over the coming months to join the global Electro Rent Corporation. Electronics. Microlease CEO Nigel Brown said the combined company will have a global footprint, enabling it to serve customers more effectively. Phone Number +442084200200. Items for sale Visit Shop. Financial terms were not disclosed.Electro Rent is a portfolio company of Platinum . For over 50 years Electro Rent has been helping customers solve technical and financial test equipment challenges. Microlease News: The Microlease Test Centre of Excellence is a new Pay As You Go Lab Facility at Bengaluru, India. What I was looking at was where the two parties, Electro Rent and Microlease, might merge, which they were considering doing back in 2016, it was agreed that Electro Rent UK . With the merger of Microlease (Livingston) and Electro Rent's business operations, we are proud to be the largest, most comprehensive test equipment services provider for market-leading . The North American headquarters are based in West Hills, CA, while EMEA operations will continue to be run out of the London offices. Microlease Inc. or Electro Rent Corporation businesses (including without limitation its procurement, production, logistics, sales and employee relations arrangements) that has prevented it from operating in the ordinary course of business for more than 24 hours; Electro Rent certainly has the strongest and most capable set-up for renting . Filed in April 15 (2022), the M MICROLEASE covers Retail services featuring test and measurement equipment, namely, electrical and power test and measurement equipment; advertising services; business services, namely, industrial asset management services, namely, analyzing and reporting on inventory, utilization, performance, and expenditures . Table 1: The Parties' UK Turnover by Segment 2016 (GBP Millions) Rental Leasing New Equipment Used Equipment Services Total Electro Rent [ ] Microlease [ ] B. Microlease and Electro Rent in Europe have announced the start of the integration of their European operations. Electro Rent acquired the entire issued share capital of Microlease (the " Transaction"). Responsible for managing the LEO Asset Management software solution development, support and implementation teams, and supporting our global sales team. 4 Electro Rent reviews. About Electro Rent. The two companies will merge over the coming months to join the global Electro Rent Corporation. Electro Rent Services. Business details. MICROLEASE is a trademark and brand of Electro Rent Corporation, West Hills , CA . Financial terms . The CMA has today begun an in-depth, phase 2, investigation into Electro Rent's acquisition of Microlease. Electro Rent entered into an agreement to acquire Microlease from Lloyds Development Capital. Combination will create a premier global platform in the electronic test and measurement services industry. Financial terms were not disclosed. Goods and Services Telecommunication leasing services for equipment used in the transmission of digital, telephone and electronic communications and data transmission, namely, cellular wireless, fiber optic, ethernet and 5G research and . Electro Rent Corp. has entered into an agreement to acquire Microlease from Lloyds Development Capital. The Electro Rent group is a total solutions provider for electronic test equipment, with offices across Europe, the US, and Asia, supplying all the major names in the industry. The Open University. read more. This combination will mean better . GBP FY, 1997 FY, 1998 FY, 1999 FY, 2000 FY, 2001 FY, 2002 FY, 2003 FY, 2004 FY, 2005 FY, 2006 FY, 2007 FY, 2008 FY, 2009 FY, 2010 FY, 2011 FY, 2012 FY, 2013 . . Bhd under OCBC Group. This trademark was filed to USPTO on Thursday, April 21, 2022. EMEA Senior Customer Care Manager at Electro Rent Europe London Area, United Kingdom 268 connections. The two companies will merge over the coming months to join the global Electro Rent Corporation. The new identity creates a premier platform with a global footprint Microlease, the world leader in test equipment sourcing, has officially announced that from April 2019 it will trade as Electro Rent across Asia, representing the next step in the integration of the Microlease and Livingston brands following the successful acquisition of Microlease by Electro […] Microlease CEO Nigel Brown said the combination will create a premier platform with a global footprint. The Parties operate globally in the supply of TME for purchase, leasing and rental, across sectors such as telecommunications, aerospace and defence, industrial, and IT The transaction is expected to close during the first quarter 2017. Tremendous event to commemorate the opening of our new Americas Headquarters. History. London-based Microlease is an equipment services and distribution provider to the test and measurement industry across Europe, Asia and the U.S. The mark consists of a stylized letter M enclosed in an incomplete circle followed by the word microlease. Test and measurement services firm Electro Rent has agreed to buy Microlease from Lloyds Development Capital for an undisclosed sum. This follows an initial, phase 1, investigation which identified competition concerns . It will also consolidate the Microlease and Livingston brands into Electro Rent during this time. The American company Electro Rent, a specialist in electronic measurement and test solutions and services, acquired its British competitor Microlease in 2016. Electro Rent is a portfolio company of Platinum Equity, which acquired the business . Financial terms weren't announced. Phone: 02084200200. Electro Rent entered into an agreement to acquire Microlease from Lloyds Development Capital. The MICROLEASE is under the trademark classification: Computer Product, Electrical & Scientific Products; Advertising, Business & Retail Services; Computer & Software Services & Scientific Services; The MICROLEASE trademark covers Instruments for . Mr . Financial terms were not disclosed.Electro Rent is a portfolio company of . About Electro Rent/ Microlease. The two companies will merge over the coming months to join the global Electro Rent Corporation. It will also consolidate the Microlease and Livingston brands into Electro Rent during this time. Director, Digital Programs at Electro Rent. As explained in the CMA's Final Report, Electro Rent and Microlease both supply TME, which is used to test and measure electronic devices in order to validate their performance. The transaction is expected to close during Q1 2017. It will also consolidate the Microlease and Livingston brands into Electro Rent during this time. Electro Rent and Microlease are together referred to as the Parties. Innovation House, 292 Worton Road, Isleworth, Middlesex TW7 6EL . The merger will take place over the next few months, joining the global Electro Rent Corporation. Electro Rent Corporation announced today it has completed the acquisition of Microlease from Lloyds Development Capital. Save. Microlease | 3,405 pengikut di LinkedIn. Learn what its like to work for Electro Rent Sdn Bhd by reading employee ratings and reviews on JobStreet.com Malaysia. Last Funding Type Private Equity. Microlease and Electro Rent in Europe are to start the integration of their European operations. Electro Rent can save you money and reduce your time to market by providing the tools to: • Increase utilization from <30% to over 70%. Microlease's revenue was reported to be £49.65 m in FY, 2017. . The transaction is expected to close during Q1 2017. The unification of the two companies will make Electro Rent the largest independent test and measurement equipment solutions provider in Europe. All three companies . Company Website. Consultant Chosen Inheritance Ltd. Apr 1999 - Jul 2016 17 years 4 months. Analysis. Electro Rent is a portfolio company of Platinum Equity. The North American headquarters are based in West Hills, CA, while EMEA operations will continue to be run out of the London offices. Microlease is the market leader in electronic test equipment, offering a range of solutions to help organisations globally use test equipment efficiently. Electro Rent and Microlease both supplied testing and measurement equipment (TME) which was integrated into specialist equipment to test and measure electronic devices in order to validate their . With over 40 years experience the company has developed a strong . . With the merger of Microlease (Livingston) and Electro Rent's business operations, we are proud to be the largest, most comprehensive test equipment services provider for market-leading customers around the world. Electro Rent (Formally Microlease) has an extensive world wide inventory and enables customers to purchase quality pre-owned T&M Equipment when they need it most. On 8 August 2017, the CMA announced that it has extended the period for deciding whether to accept undertakings offered by the parties in lieu of referring to a Phase 2 investigation the completed acquisition by Electro Rent Corporation of Test Equipment Asset Management and Microlease Inc. Join to Connect Microlease. Assisting customers to optimise the utilisation of their assets including . Electro Rent are one of the world's leading companies in the provision of test and measurement equipment solutions. 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. 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