PRO EM Party & Event Rentals has recently acquired University Resource Supply, LLC and SoCal Tents & Events. This is the second acquisition in 45 days, having acquired Partytime-HDO Productions in May. These acquisitions follow PRO EM's recapitalization by Dos Rios Partners in October 2016. After the recapitalization, PRO EM decided it wanted to acquire entities from other markets like URS and Partytime-HDO Productions, in order to expand its menu of services, product inventory and to offsest seasonality.
M&M Event Rentals has acquired the Chicago and Dallas (Ducky Bob's) locations of Classic Party Rentals, which is based in Los Angeles. The terms of the deal were not disclosed. This acquisition is M&M's fifth since it partnered with Dubin & Clark Company, Inc. in February 2016.
“By combining the talents, products and resources of these companies, we can offer our customers a wide variety of event rental products and services, while continuing to raise the level of customer service that our customers have come to expect and deserve,” says Mark Murphy, CEO of M&M.