Los Angeles-based Classic Party Rentals announced today that it has acquired Atlanta Party Plus, based in Atlanta, and Carolina Party Plus, based in Charlotte, N.C. The deal means that Classic now has 18 locations and generates combined annual revenue of $180 million, the company reports, and has expanded its service area into Georgia and North Carolina.
Atlanta Party Plus has been in business nearly 40 years, while Carolina Party Plus has been in business for more than 15 years. Both locations were owned and operated by Worldwide Rents, which has now been acquired by Classic.
Through its two locations, the company provides rentals for clients such as the Georgia Aquarium, Dale Earnhardt Inc., Wolfgang Puck, Wachovia Golf Championship, Georgia World Congress Center, Dennis Dean Catering, Georgia Tech, Zoo Atlanta, Coca-Cola, Delta Airlines and Emory University.
“With the exciting acquisitions of Atlanta Party Plus and Carolina Party Plus, we now have market-leading operations in Georgia and North Carolina, part of an important and growing Southeast market,” said John Campanelli, Classic Party Rentals CEO. “These two locations strengthen the Classic Party Rentals brand with their excellent reputations for customer service, strong management teams, and skilled sales and operations teams. We are particularly excited that the experienced management team of Chris Stenglein and Rich Crabtree will be staying on to manage and grow our business in the Southeast.”
Classic’s new locations will be named Classic Party Rentals-Atlanta and Classic Party Rentals-Charlotte.
“We look forward to providing our clients new services, such as structures, power, HVAC and sub-flooring by coordinating with Classic’s Miami, Florida operation,” Stenglein said.“In addition, we will be purchasing new table top items to give our clients an even wider selection of rentals.”