• 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.

After several months of renovations, the DoubleTree by Hilton Philadelphia-Valley Forge is now open as the Alloy – King of Prussia, a DoubleTree by Hilton.

 

After almost 20 years of vacancy, the Cook County Hospital in Chicago will be put to use once again. A $150 million adaptive reuse project restored the historic, 106-year-old hospital, which has become a combined Hyatt Place and Hyatt House hotel, as well as medical offices, a museum, a food hall and more. While the opening is multi-phased, the hotels are scheduled to open in late July.  

 

Doctors, nurses, grocery store employees and more were essential to sustaining the continued stay-at-home orders that helped fight the spread of COVID-19. Such workers put their health at risk for the benefit of society, and Nakoma Resort and the Lost Sierra Chamber of Commerce want to recognize them for their efforts through the “Send Your Heroes” campaign.