• M&M Event Rentals Announces Acquisition

     
    POSTED July 24, 2017
     

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.

Brent Paris, managing partner at Dubin Clark, explains the reasoning behind the deal.

“The strategy for M&M is to identify special event rental companies that will positively extend and fill in our current footprint, while also expanding our employee team, product offerings, and enhancing the M&M Event Rentals' brand,” he says.

On May 4, Knowland, a provider of meetings and events intelligence data, released its monthly report for April 2022. The data showed a significant increase in meetings activity, with a 323% increase over April 2021, including a 3.7% recovery of events from March to April 2022.

Additional information included:

•     In April 2022, the average number of attendees per event was 118, compared to 63 in April 2021 and 74 in April 2019.

 

Meetings & Events Pulse Survey also reveals that a majority of companies are currently hiring.

 

The SaaS platform, Wix.com, has released a new builder for business owners, planners and venue operators to create customized seating maps. Users can also assign ticket pricing based on the location of individual seats, and any variation of seating can be mapped, including tables, rows of seats, areas with general seating (e.g., a standing-room-only area), reserved VIP sections, or a combination of options.