Date
Feb 2014
Region
Hawaii
Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Tents Hawaii, Inc., headquartered in Waipahu, Hawaii, by a Private Investor in Canada. The acquisition closed on January 2, 2014.
For nearly four decades, Tents Hawaii, Inc., has been a provider of tents, tables and chairs, and other rental items such as linens, staging, and lighting. Large events, weddings, private parties, military-related events, and graduations require the company's products on a recurring basis. Some of the events Tents Hawaii has been involved in have been the Honolulu Marathon, Pro Bowl Tailgate, NFL Experience, Honolulu Triathlon, Okinawan Festival, Floating Lantern Festival, and Haleiwa Arts Festival. T
he company positions itself as offering very competitive pricing and a flexible rental plan to fit all budgets. Managing Director Stephen Crisham and Lori Galloway, along with their affiliate Jim Mayfield, led the Generational Equity deal team that advised Tents Hawaii, Inc., on the transaction. "This is a win-win transaction; the seller can now retire, it provides a new US/Hawaii home for this Canadian buyer and family, and continued employment for the employees of this outstanding company," Jim Mayfield stated.
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