PRO EM Party & Event Rentals
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PRO EM Party & Event Rentals - overview
Established
1987
Location
Phoenix, AZ, US
Primary Industry
Marketing/Advertising
About
PRO EM Party & Event Rentals is a leading provider of event management solutions and rental services, specializing in comprehensive tent rentals and infrastructure for a variety of events. Founded in 1987 by Emily Cahnmann, PRO EM Party & Event Rentals operates from its headquarters in Phoenix, US. The company provides essential event support services, primarily focusing on tent rentals and event infrastructure. PRO EM has successfully completed 4 deals since its inception.
Currently, the CEO is Erna Mackic. PRO EM specializes in providing comprehensive rental services and event management solutions, focusing on tent rentals and associated infrastructure for diverse events. Its core offerings include tents and structures, lighting, flooring, fencing and barricades, bars, furniture, and portable power solutions. These services cater to various clientele, including corporations, government agencies, non-profit organizations, and individuals in major markets such as Phoenix, Los Angeles, Chicago, and Orlando.
PRO EM's revenue model is based on direct service transactions with clients for rental services, typically formalized through contracts. These contracts can be for one-time events or ongoing partnerships. Services include individual item rentals like tents or bundled packages, reflecting a B2B focus primarily on corporate and social events. High-demand offerings include large tent rentals for concerts and festivals, along with tailored furnishings and power solutions to enhance operational efficiency.
Following its recent acquisition by Sverica, PRO EM Party & Event Rentals plans to leverage new funding to expand its product offerings and geographic reach. The company is exploring new markets to establish a presence, particularly in regions that have shown demand for event services. Specific targets for expansion are expected to be outlined in the coming year, with a focus on enhancing their service portfolio to meet evolving client needs.
Current Investors
Dos rios partners, S Group Capital, Sverica
Primary Industry
Marketing/Advertising
Sub Industries
Corporate Event Management, Equipment Rental & Leasing, Public Relations & Communications, Hospitality Services, Event Management, Travel & Leisure, Dermatology
Website
www.proem.org
Company Stage
Mature
Total Amount Raised
Subscriber access only
PRO EM Party & Event Rentals - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Kirby Tent Rentals | - | ||||||||
| Add-on | Completed | Universal Resource Supply | - | ||||||||
| Add-on | Completed | Partytime-HDO Productions, Inc. | - | ||||||||
| Recapitalisation | Completed | PRO EM Party & Event Rentals | - | ||||||||
| Recapitalisation | Completed | PRO EM Party & Event Rentals | - |
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