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 in the UK, US and Europe, growing revenues from £17million in 2006 to more than £100million in 2016, while profits grew from £6million to £35million.
In 2017, following a 10-year partnership, Microlease was acquired by US-based Electro Rent Corporation to create a global leader in its field.
The sale generated a money multiple of 3.5x.