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Acquisitions reshape the U.S. tent and event rental industry
February 1st, 2018
A wave of acquisitions reshaped the U.S. tent and event rental industry in 2017 Beginning in 2016 and accelerating the pace in spring and summer of 2017, several recapitalized tent rental companies acquired other like-businesses. The break-up of the Classic Party Rentals network, based in Inglewood, Calif., fueled much of the activity. A trend toward […]
Mahaffey expands product network
September 8th, 2017
Mahaffey Fabric Structures has acquired more than $24.2 million in assets from Classic Party Rentals, including tents, structure frames, fabric pieces and specialty structures. Based in Memphis, Tenn., Mahaffey provides temporary turnkey structures and shelter solutions across the U.S. With the purchase, Mahaffey will have an expanded network of both personnel and products to cover […]
Classic Party Rentals to sell all tenting assets
July 12th, 2017
Classic Party Rentals is selling all tenting assets as part of a decision to exit the third-party event rental services business. Hilco Industrial, Northbrook, Ill., announced on July 12 the immediate private treaty sale process for Classic’s tenting assets. The sale includes substantially all assets from the tenting business unit of Classic Party Rentals, according […]