FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / Press Releases / Read Press Release


LBC Credit Partners Supports CE Rental Acquisition of Liberty Party Rental

September 13, 2018, 09:00 AM
Filed Under: Rental

LBC Credit Partners provided senior secured credit acilities to support the acquisition and recapitalization of Liberty Party Rental by CE Rental, a portfolio company of Dubin Clark & Company, Inc. LBC served as Agent and Sole Lead Arranger for the senior secured credit facilities.

CE Rental, founded in 1952 and headquartered in Raleigh, North Carolina, is a leading special event rental company that provides a wide variety of event rental equipment including tents, linens, fine china, flatware, dinnerware, tables and chairs and more. Since being acquired by Dubin Clark in February 2017, CE Rental expanded its geographic footprint and product offering through the acquisitions of Skyline Tent Company (Charlottesville, Virginia and Charleston, South Carolina), Capital Party Rentals (Dulles, Virginia), Festive Fare

Rentals (Charlottesville, Virginia) and locations in Raleigh and Charlotte, North Carolina.

Based in Nashville, Tennessee, Liberty Party Rental has built an award-winning reputation for exceptional customer service, featuring a veteran team with 150+ years of collective special events industry experience. Liberty Party Rental is known for introducing innovative new rental products and offering an extensive inventory of china, tables, chairs, tents, linens, dance floors, bars and catering equipment. The acquisition of Liberty Party Rental further expands upon CE Rental’s growth throughout the Southeast.

Dubin Clark, founded in 1984 and headquartered in Boston, Massachusetts, has a long history of investing in middle-market buyouts and building businesses in partnership with the management of their portfolio companies. Dubin Clark seeks control equity investments in business services, niche manufacturing, and specialty rental businesses with EBITDA of $2 million to $10 million (smaller for add-on investments).


Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.