30 May Liberty Represented by Stansberry in Acquisition by CE Rental
Liberty Party Rental was proudly represented by The Stansberry Firm in its recent acquisition by CE Rental. With over three decades of operation, Liberty became the premier provider of linens, place settings, tents, tables, chairs and other special event rental related equipment to the Nashville and Central Tennessee trade area. The Stansberry Firm worked with Liberty over the past decade to grow and improve Company operations and performance prior to its sale to CE in April 2018.
Industry veterans and former owners of Liberty, Bruce and Julie Hurst will remain involved with Company management and voiced their happiness with the incorporation into CE stating, With Nashville’s explosive growth, especially in the hospitality industry, this strategic partnership will allow us to further expand our product offerings and inventory depth.”
With 6 existing locations in Washington DC; Charlotte and Raleigh, NC; Charleston, SC and Charlottesville, VA, Liberty incorporates as the 7th location and expands CE’s territory further into the south central trade area of the country.
Julie Hurst said of her experience with The Stansberry Firm:
We can’t put it into words the gratitude we have towards The Stansberry Firm for handling our business deal. Gary has decades of experience in executing rental transactions, and it showed during our acquisition. Over ten years ago, we worked with Gary as a consultant to assist with the growth strategy for Liberty Party Rental. We took to heart the recommendations and began implementing. Starting in 2017, we began the process to market the company. Throughout the process, Gary was indispensable with his extensive rental acquisition knowledge as he guided us through this life changing journey. He knew when to push and when to hold. Finally coming to fruition on April 4, 2018, the deal was executed. The Stansberry Firm was key to the growth and sale of Liberty Party Rental. We highly recommend Gary and his team!
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.
Contact The Stansberry Firm to begin your free, confidential consultation.