Electro Rent Corporation
Electro Rent Corporation is a provider of rental, leasing, and sales of electronic test and measurement equipment, and in the United States rents personal computers and servers. On August 10, 2016, Platinum Equity acquired Electro Rent for $382 million. Electro Rent was originally founded in 1965 as a subsidiary of Beverly Hills, California-based Telecor Inc. It was one of the pioneers in the electronic equipment rental business. The company's current chief executive officer and chairman, Daniel Greenburg, joined Telecor in 1967.
Van Nuys, Los Angeles, CA
1965
500
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