August 2016, Grand Prairie, Texas
Celebration Event Rental of Grand Prairie, Texas (a Dallas suburb) was recently represented by The Stansberry Firm in its acquisition by M&M Event Rentals of Illinois and Texas. Celebration is a single location special events rental company servicing the large Dallas-Fort Worth metroplex through renting a broad range of high quality tents, tables, chairs, linens, place settings, catering equipment and other special event related items.
Celebration was founded in 2008 by Wilbarger Street, a family group of rental industry veterans, and quickly became one of the DFW area’s most prominent special event rental providers. M&M Event Rentals, which operates locations in Illinois and Texas, was recently recapitalized by Dubin Clark & Co., who led the acquisition for M&M.
Mr. Chad Alvarez, Vice President of Wilbarger Street and former General Manager of Celebration from 2008-2014, said of the transaction and his experience with The Stansberry Firm:
The Celebration Event Rental ownership group would like to express our appreciation for the professionalism and diligence that Gary Stansberry and Carolyn Stansberry of The Stansberry Firm exemplified during the negotiation, due diligence and transaction process of the recent sale of Celebration to Dubin Clark. The Stansberry Firm brought a level of knowledge and expertise to the transaction that exceed expectations. Communication and organization throughout the entire process were exceptional and paramount in ensuring that all aspects of the sale remained on course.
Read the full press release here.
Gary Stansberry and Carolyn Stansberry of The Stansberry Firm specialize in Business Sale Representation, having experience from both the buyer’s and seller’s side. The Stansberry Firm has been very active in the Special Event Rental Industry for two decades, completing acquisitions with both national and local strategic buyers as well as private equity.
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