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Electro Rent Sells intellirent

platinumequity

1 year ago

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Company divests ancillary division focused on power and infrastructure marketsLOS ANGELES (February 19, 2025) – Platinum Equity portfolio company Electro Rent today announced the signing of a definitive agreement to sell its intellirent division to Sandbrook Capital.intellirent provides electrical test and measurement (“T&M”) equipment primarily serving the power generation and distribution, data center and renewable energy industries.Electro Rent, which has owned intellirent since 2018, exp...

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