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Quarton International advises Banyan Investment Partners in the recapitalization of PRO EM Party & Event Rentals led by Dos Rios Partners and S Group Capital

Transaction

PRO EM Party & Event Rentals, a portfolio company of Banyan Investment Partners, has been recapitalized by Dos Rios Partners and S Group Capital. Quarton International acted as the exclusive financial advisor to PRO EM and Banyan Investment Partners in this transaction.

Company

Banyan Investment Partners is a private equity firm based in Miami, Florida that provides private equity and mezzanine capital. Banyan currently has over $400 million of committed capital under management.

PRO EM Party & Event Rentals is a full-service event management and rental company. Each year, PRO EM services more than 2,000 events ranging from nationally-televised sporting events, concerts and festivals to corporate meetings, weddings and social gatherings. PRO EM’s offering includes a full complement of equipment and services, including security, guest relations, traffic control, tents and clear-span structures, fencing, barricades, furniture, tables, chairs, linens, HVAC equipment, portable generators and light towers. PRO EM works with a number of premier clients and events, including the Waste Management Phoenix Open (PGA Tour); Arizona State University and Sun Devil Athletics (NCAA); the Arizona Diamondbacks; Chicago Cubs and Oakland A’s (MLB); Country Thunder Music Festival; JTBC Founders Cup (LPGA Tour); Barrett Jackson Collector Car Auction; Russo & Steele; Phoenix Pride and the Scottsdale Cultural Council. PRO EM is headquartered in Phoenix, Arizona.

Buyer / Investor

Dos Rios Partners is a Texas-based private equity partnership formed by four Partners – Bo Baskin, Wayne Patterson, Jay Turner and Kevin Benoit. Investing from its inaugural fund, Dos Rios partners with motivated management teams and invests in growing, niche businesses throughout the continental U.S.

S Group Capital is a New York-based private investment firm that partners with leading private equity and mezzanine funds to invest in middle market businesses.

Contact

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Kurt L. Haras

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Alexander J. Schroeder

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