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Lensrentals Acquisition to End the BorrowLenses Brand, Close CA Location

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Lensrentals' BorrowLenses acquisition doesn’t include employees or the physical San Carlos, California location.

today that it doesn’t include employees or the physical San Carlos, California location.and the language indicated that the company was no longer going to continue its local operations in California.

That statement also wasn’t clear if it meant that BorrowLenses as a brand would cease, if the physical location was closing, or a combination of the two, so“Lensrentals is not acquiring employees or locations as part of the acquisition,” a statement to“We did acquire the BorrowLenses brand and select assets, and will bring the BorrowLenses assets under the Lensrentals brand, expanding our customer base while growing our inventory of pro grade photo, video, and cine gear and accessories.

BorrowLenses intends to continue to ship rentals out for the next two days, but orders that ship starting next week will be fulfilled by Lensrentals. Any orders that have been recently placed but not yet received will either contain a new UPS return label or one will be shipped separately that will send the equipment back to Lensrentals, not BorrowLenses.

 

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