October 2015. Peakstone served as the exclusive financial advisor to ABCOMRENTS in its purchase of the assets of RentFusion.
ABCOMRENTS is the leading provider of event technology solutions. Since 1989, ABCOMRENTS has dedicated itself to creating, designing and implementing full-service event productions with innovative technology solutions, state-of-the-art tech rental equipment, and the supporting infrastructure. ABCOMRENTS’ unparalleled service allows it to produce flawless technology-rich events, enabling its clients to focus all of their efforts on event management. www.abcomrents.com
RentFusion has provided technology rental solutions to Fortune 500 corporate customers for over twenty years. RentFusion has offices in Chicago, Las Vegas and Orlando with a full service support staff to handle any client needs.
Sonny Goyal, Managing Director of ABCOMRENTS said, “We had a choice: grow organically and open our own offices or seek out an acquisition. Our leadership team thought long and hard on what our next steps would be to maximize on our double-digit growth and the opportunity we have with companies within our industry. We have spent the last 6 months analyzing opportunities and RentFusion was the perfect fit.”
ABCOMRENTS engaged Peakstone to identify strategic acquisitions within the Rental & Staging market. Peakstone focused on finding companies with a strategic synergy and company culture that matched ABCOMRENTS. “The Peakstone team was invaluable to the acquisition process. They executed on a well thought out strategy to acquire the company, provided great advice throughout, and guided the transaction to closing efficiently and smoothly”, said Goyal.
Click Here for the ABCOMRENTS press release.
For additional information, please contact:
Mark Horita, Managing Director, 312-346-7300, morhita@peakstone.com
About Peakstone
The Peakstone Group is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.