Party Reflections, Charlotte, N.C., has acquired Party Time Rentals, Charlotte.
“The decision to step away was not an easy one to make,” said Lyndsay Mack of Party Time Rentals. “We have enjoyed working with our employees and clients over the years, and have built relationships that will last long outside of business. We are looking forward to spending more time with our family and wish Party Reflections much continued success. It has been a pleasure working as friendly competitors and is now an honor to pass the torch on. We cannot thank our clients and employees enough for the years of hard work and successful event production.”
Party Time Rentals has provided special event equipment and services to the Carolinas since 1984, servicing local schools and universities, nonprofit events, sporting events, corporate galas, weddings and other social gatherings.
“Dan Eller and I have been great competitors, partners and, more importantly, friends during his time in business. I have always respected his company and the work they have done in our market. I am very proud we were offered the opportunity to continue the Party Time legacy into the future,” said Dan Hooks, CERP, president/CEO, Party Reflections.
Party Reflections says it is continuing to grow and expand in all its markets across the Carolinas. With locations in Charlotte, Greensboro, Winston-Salem and Raleigh, N.C., and Columbia, S.C., the company employs more than 150 people and operates out of more than 330,000 sq. ft. of warehouses in the Carolinas and services events from PGA tournaments to private backyard weddings.
Latek Capital Corp. was retained as a fiscal advisor to the buyer.