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Electro Rent Agrees To Buy Microlease

Electro Rent  is to acquire Microlease from Lloyds Development Capital. The transaction is expected to close during Q1 2017. Financial terms were not disclosed. Microlease CEO Nigel Brown said the combination will create a premier platform with a global footprint. “Both companies are leaders in testing and measurement equipment rental, sales, and asset management services,” […]

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