Wednesday, April 23, 2014
FTI Consulting and Rubenstein Associates worked the PR front for Apollo Global Management's acquisition of bankrupt Classic Party Rentals, the country's largest event rental services provider.
The private equity giant emerged from a competitive bidding process for Los Angeles-based CPR on April 21.
CPR filed for Chapter 11 bankruptcy in February, listing $148M in assets against $246M in liabilities.
FTI has counseled CPR on the PR front through its bankruptcy filing, which came after years after expansion through acquisition. FTI senior managing director Leigh Parrish handles that account.
Rubenstein senior VP Charles Zehren supports Apollo, where Gary Stein heads corporate communications for the $161B investment manager.
CPR said it supplies more than 150K events across the country each year.
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