• PRO EM Party & Event Rentals Acquires Universal Resource Supply, LLC and SoCal Tent & Events

     
    POSTED July 25, 2017
     

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.

“The acquisition of URS is another exciting milestone for us,” says Brady Castro, president and CEO of PRO EM. “I have known URS CEO Richard Martin personally and professionally for years, and he is one of the most well-respected professionals in our industry. The acquisition of URS brings with it complementary inventory, great people, a reputation for excellence and a California base of operations to complement our existing locations in Arizona and Illinois.”

URS is a national event rental company that focuses on major event planning and execution, based in Los Angeles. All previous URS employees will maintain their jobs from the same location, including its CEO Richard Martin, who will become the Principal focusing on current URS operations. Some of URS's partners include the American Cancer Society, the Susan G. Koman Foundation, the Winter and Summer Olympics, McDonalds, the MGM Grand Hotel, US Open Tennis, Microsoft, the Grammys, IBM, NASCAR, USGA, the Oscars, and the Super Bowl.

“Richard Martin and the entire URS team bring tremendous value to PRO EM and Partytime-HDO with additional expertise, territories and markets that complement the excellence already in place – the addition of the entire URS team enhances our stakeholders' value immediately. We are excited about the new organization and what it has to offer in the marketplace,” said Kevin Benoit, Partner, Dos Rios Partners. For more information about URS, visit www.socaltents.com.

BIG Wall Décor challenges the notion that owning large, beautiful artwork is only for the wealthy art connoisseur. With more than 20 years of experience printing for luxury brands, the BIG Wall Décor team uncovered a new print/framing solution that makes it easy and affordable (pieces start at $125) to display large-scale, on-trend artwork in trade show booths, at events, in the office, and at home. 

 

The meetings and events industry has faced its fair share of ups, downs, and everything in between since early 2020. There have been lessons learned, approaches changed, and flexibility fostered to keep moving ahead during the pandemic. Let’s take a quick look at what to expect for 2023 through the lens of the 12th annual Global Meetings & Events Forecast, produced by American Express Meetings & Events, a division of American Express Global Business Travel. 

 

The brand will operate City Express properties in the Caribbean and Latin America.

Marriott International has reached an agreement to acquire the City Express brand portfolio comprised of 152 hotels.

The City Express portfolio includes hotels in 75 cities in Mexico, one hotel each in Costa Rica, Columbia, and Chile, along with five under-construction projects. The new brand name will include the signature “by Marriott” endorsement, joining 30 other brand names in the Marriott franchise system.