MRE Capital, a private equity firm focused on investing in high quality operating businesses, announced today that one of its portfolio companies, Curated Events, has acquired Please Be Seated Event Rentals. Financial terms of the transaction were not disclosed.
Founded in 2014 and headquartered in Nashville, Tenn., Please Be Seated is a leading full-service provider of event rentals for memorable weddings, corporate events, and other special events throughout Nashville and the Southeast. Please Be Seated has built its reputation on offering white glove service with every event rental. Its inventory features high quality, unique lounge furniture options, a plethora of tabletop inventory, as well as a custom build studio.
Chairman and Founder of MRE Capital, David Williams, said, “We are so excited to see Please Be Seated become part of the Curated Events family as we continue our journey of building Curated Events into the premier events and structure business in the Southeast.”
“We are so excited to have this opportunity to bring these two high-quality event rental innovators together in the Nashville market,” said Al Dyess, CEO of Curated Events. “The Please Be Seated team has grown their business into a premium, innovative, and market-leading event rental company over the last 10 years. Curated Events has been focused in a very similar fashion in other markets at the same time. We are thrilled to bring our collective customers a unique product offering, backed by great service and attention to every detail. We are proud to welcome Please Be Seated into the Curated Events family.”
Mary and Paul Huddleston founded Please Be Seated 10 years ago. “When we decided to sell the business, we wanted new ownership that shared common values and would continue to deliver exceptional products and services that we had provided our clients,” Paul Huddleston said. “Joining Curated Events will be a beneficial opportunity for not only the Please Be Seated team, but clients as well, offering expanded inventory and resources.”
The Stansberry Firm represented the sellers in the transaction. For more on The Stansberry Firm, go to www.thestansberryfirm.com.
