July 18, 2018
Intellirent Acquired by Electro Rent Corporation
Bulkley Capital served as exclusive financial advisor to Intellirent Co., Ltd. (Roanoke, Texas) in the company’s sale to Electro Rent Corporation (Los Angeles, California), a portfolio company of Platinum Equity.
intellirent is the leading provider of electrical testing and power analysis equipment rental, leasing and asset management solutions to the electrical testing industry. The company has established itself as the category expert and premier brand within its industry channel, based on its technical knowledge, processes and systems, and a rental fleet that is unrivalled in its breadth and depth. The company’s founders engaged Bulkley Capital to identify a compatible buyer able to sustain and enhance intellirent’s competitive position and support management’s ongoing growth initiatives.
The company was successfully sold to Electro Rent, one of the largest global organizations devoted to the rental, leasing and sales of general purpose electronic test equipment, personal computers and servers. The combined business creates a premier platform within the power and industrial markets, with a significantly expanded equipment fleet and stronger geographical coverage.