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Electro Rent history
Electro Rent company history timeline
The company's current chief executive officer and chairman, Daniel Greenburg, joined Telecor in 1967.
1985: Data Rentals/Sales Inc. is acquired.
Another factor that had an impact on Electro Rent was the tax reform that abolished the investment tax credit in 1987.
1994: Genstar Rental Electronics Inc. is acquired.
With a full-year of Genstar contributing to sales, plus eight months from LDI, Electro Rent experienced a 16 percent boost in sales in fiscal 1996, totaling over $141.1 million.
Electro Rent completed the most important acquisition in its history in 1997, when it bought the computer and test and measurement equipment rental businesses of GE Capital Technology Management Services in November of that year for $241 million.
Despite fully integrating TMS into its operations, Electro Rent realized only a 6 percent gain on revenues in 1999, totaling $269.7 million.
One positive development that occurred in 2001 was the announcement that Electro Rent had been selected to represent Agilent Technologies latest test and measurement equipment in the short-term rental market, becoming a Premier Rental Partner.
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Electro Rent competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Dahill Office Technology Corporation | 1987 | $19.0M | 119 | 2 |
| Allegis | 1969 | $36.1M | 125 | 11 |
| Cox & Company | 1944 | $21.0B | 55,000 | 14 |
| Datamax | 1955 | $6.8M | 217 | 13 |
| Unitron | 1960 | $1.1M | 50 | - |
| Metro Sales | 1969 | $124.9M | 200 | 10 |
| Spenco Medical Corporation | 1967 | $5.2M | 75 | - |
| Southwest Office Systems, Inc. | - | $1.3M | 25 | - |
| R.V. Evans Company | 1937 | - | 31 | - |
| MSC Industrial Direct Co | 1941 | $3.8B | 6,000 | 245 |
Electro Rent history FAQs
Zippia gives an in-depth look into the details of Electro Rent, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Electro Rent. The employee data is based on information from people who have self-reported their past or current employments at Electro Rent. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Electro Rent. The data presented on this page does not represent the view of Electro Rent and its employees or that of Zippia.
Electro Rent may also be known as or be related to Electro Rent, Electro Rent Corp and Electro Rent Corporation.