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Quest Events acquires Drape Kings for expansion

Mar 26, 20259 months ago

Acquiring Company

Quest Events

Acquired Company

Drape Kings

FriscoNorth BergenEvent ManagementEventsEvent ManagementEvents

Description

Quest Events has announced the acquisition of Drape Kings, enhancing its national reach in the event drapery market. Drape Kings will operate under its brand as part of Quest Events, ensuring continuity in quality service. This acquisition brings expanded resources and capabilities to both companies. Clients can expect improved service and innovative solutions in their event productions.

Company Information

Company

Quest Events

Location

Frisco, California, United States

About

Quest Events is a leading provider of event drapery, scenic solutions, and full-service rentals. They focus on delivering high-quality event experiences with a wide range of products and services. The company emphasizes excellence in event production and creativity. Quest Events aims to enhance clients' event capabilities through strategic acquisitions.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed