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Logistic Events Corporation Acquires Diamonette Party Rental

Jan 22, 2024•almost 2 years ago

Acquiring Company

Logistic Events Corporation

Acquired Company

Diamonette Party Rental

MiamiDoralEvent ManagementHospitality

Description

Logistic Events Corporation has acquired Diamonette Party Rental, aiming to become the 'one-stop' solution for private, corporate, and social functions, as well as festivals, concerts, and commercial/real estate projects in South Florida. With this acquisition, Logistic Events Corporation intends to provide clients with the ultimate full-service solution for events, enhancing the customer experience and expanding its inventory to provide the latest products on trend.

Company Information

Company

Logistic Events Corporation

Location

Miami, Florida, United States

About

Based in Miami, Florida, Logistic Events Corp is recognized for specializing in temporary building and structure solutions for events and other occurrences. The company has built a reputation for these structures across the United States, as well as having erected structures Internationally. Their large choice of materials and modular components combined with extensive design capabilities has made them an industry leader. For more information, visit www.logisticeventscorp.com.

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