Sandbrook Capital Acquires intellirent, a Market Leader in Mission-Critical Testing Equipment Solutions for Power and Infrastructure Markets

ROANOKE, Texas, Feb. 19, 2025 /PRNewswire/ -- Sandbrook Capital ("Sandbrook"), a private investment firm dedicated to building businesses that help transform the world's energy infrastructure, has signed an agreement to acquire intellirent, a leading North American provider of power and electrical testing equipment rentals, from Electro Rent Corporation ("Electro Rent"). The investment in intellirent underscores Sandbrook's strategy of partnering with market-leading companies to accelerate their growth and to enable the continued modernization and resiliency of the electric grid, at a time when the power sector is under immense pressure.

intellirent will continue to be led by long-time President and CEO, Neil McCaw, who has advanced the provision of equipment-as-a-service to the growing North American power complex. "The demand for electrical testing equipment has never been greater, driven by maintenance, installation and commissioning of existing and new power infrastructure, renewable energy installations and the rapid expansion of data centers. With Sandbrook's support, we are poised to expand our fleet of reliable rental equipment solutions and managed services, and enhance our capabilities to better meet the growing needs of our customers. We are grateful for the foundation built under Electro Rent and look forward to the opportunities ahead."

"The demand for electricity is rapidly accelerating and related infrastructure, including substations and transmission & distribution networks must keep pace. This requires continuous testing and maintenance to ensure safety and reliability of the grid," said Jen Hanners, Managing Director at Sandbrook. "intellirent helps solve this challenge by giving technicians, utilities and OEMs immediate access to highly specialized testing equipment, avoiding interruptions that could otherwise postpone critical grid maintenance and expansion. We look forward to partnering with Neil and his team to further scale intellirent's impact and to support the growing need for a modernized grid."

Electro Rent, which has owned intellirent since 2018, expressed confidence in the company's continued growth under Sandbrook's leadership. "intellirent has been one of our market leading platforms in our broad-based, global test and measurement solutions portfolio, and we are pleased to see them transition to a strong new partner," said Michael Clark, CEO at Electro Rent. "intellirent has established itself as a leader in the power and electrical testing equipment rental market across a range of testing environments and industries. We believe Sandbrook is the right partner to support the company's next stage of growth, and we look forward to seeing intellirent continue to thrive in this next chapter." Harris Williams served as exclusive financial advisor to Electro Rent.

About Sandbrook Capital
Sandbrook Capital is a private investment firm dedicated exclusively to partnering with world-class management teams to build impactful companies that are essential to transforming the world's energy infrastructure. The firm, led by power industry veterans, is headquartered in Stamford, CT. For more information, visit www.sandbrook.com.

About intellirent
intellirent is the leading provider of power and electrical testing equipment rentals, offering industry-leading services, an extensive rental fleet and technical support to a diverse customer base. By delivering fast, reliable and technically sophisticated rental solutions, intellirent plays a critical role in power, grid resiliency and modernization, data center expansion and industrial infrastructure maintenance. The company's deep expertise, commitment and passion to customer service has solidified its position as a trusted partner in the specialty rental market. For more information, visit https://intellirentco.com. 

About Electro Rent
Electro Rent is a leading global provider of testing and technology solutions that enable its customers to accelerate innovation and optimize investments. Electro Rent offers a single-source solution, including rental, financial solutions, sale of new and used equipment, calibration and asset optimization, serving industry-leading organizations in communications, aerospace and defence, automotive, energy, education and general electronics. The company was founded in 1965. More information is available at www.electrorent.com.

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SOURCE Sandbrook Capital