PEAK Event Services, a Dubin Clark portfolio company, announces the recapitalization of Newport Tent Company, Inc.
PEAK Event Services, Inc. (“PEAK”) the largest event and tent rental provider in New England, completed its fourth acquisition since partnering with Dubin Clark, acquiring Newport Tent Company, Inc. (“Newport Tent”).
Headquartered in Portsmouth, RI, Newport Tent has been one of the region’s premier tent rental companies for more than 45 years and, as a division of PEAK, its clients will now have direct access to not only more expansive tent rental options, but the largest selection of tables, chairs, specialty linens, china and furniture in the Northeast.
“The combination of PEAK and Newport Tent is a perfect complement,” remarked Michael Hompesch, Partner at Dubin Clark. “We are excited to partner with a business that has a long and storied history as a pillar in the local community and look forward to building on Newport Tent’s unparalleled reputation as a premium provider of tenting in Southeastern New England.”
“For more than a decade, Newport Tent and PEAK have worked hand in hand on area events,” says Bill Corcoran, President of Newport Tent. “Our product offerings and dedication to our customers have complemented each other and we are excited to now be able to offer clients a one-stop solution for all their event rental needs.”
This partnership is a key pillar of PEAK’s 2019 business strategy as the company plans to work with Newport Tent to provide the most extensive product offering in the region, making it easier than ever for clients to plan, design and execute memorable events.
“As we continue to grow in the New England event market, we see partnering with Newport Tent to be an ideal fit,” says PEAK’s Chief Executive Officer Brian Bacica. “Bill Corcoran and his team have done a tremendous job building their business and creating a brand synonymous with dedication to service and product quality. Their values, culture and commitment align perfectly with PEAK and we are glad to welcome the Newport Tent team into the PEAK family.”
About PEAK: With over 70 years of experience in the event industry, Peterson Party Center combined with Rentals Unlimited in 2016 to form PEAK Event Services – New England’s leading tent and event rental resource. Realizing a need to provide clients with a more streamlined event rental experience and deeper inventory offerings, PEAK acquired Table Toppers of Newton and Reserve Modern Event Rental to offer custom linen solutions, furniture and bar packages as well as styling selections. Visit PEAKEventServices.com for more information.