Microlease equipment & solutions are used across a broad range of industries ranging from telecommunications, semi conductors and components to aerospace & defence, automotive & contract manufacture.
Microlease is a total solutions provider for electronic test equipment.
LDC backed the £30million management buyout of global electronic testing group Microlease in 2006. The business subsequently bought and integrated six complementary businesses, including MetricTest in the US and the European operations of US based Telogy Inc. It also opened a new facility in Malaysia, to service growing demand across the Asia-Pacific region.
During LDC’s 10-year hold the business grew revenues almost tenfold, with international revenues increasing from £9million to £92million and profits grew from £6million to £35million.
In 2017 LDC completed the £240million sale of Microlease to US-based Eletro Rent Corporation, an electronic testing and measurement services group backed by Platinum Private Equity.