PRG and MBS Equipment Company to Form Strategic Alliance

(PRG)

NEW YORK - Oct. 7, 2019 - Production Resource Group, LLC (PRG), the leading global provider of entertainment and event technology solutions, and MBS Equipment Company (MBSE), the world’s largest studio-based equipment company, announced today that they will form a strategic alliance that provides MBSE premium access to PRG’s vast technology-driven product lines to service MBSE’s global studio platform. 

Under the agreement, PRG will become MBSE’s preferred supplier of a wide range of products and services in support of MBSE’s studio-equipment business.  MBSE will have access to the entirety of PRG’s inventory, including automated luminaires, dimming, LED, audio, video, projectors, rigging, motors, proprietary technology, such as PRG SpaceFrame™ and GroundControl™ Followspot System, and customized solutions such as visual effects and Enhanced Environments. 

Further, MBSE will purchase all of the assets of PRG’s Paskal Lighting division, which includes a vast inventory of lighting and grip equipment and expendables.

The deal is expected to close within the next few weeks.

Jere Harris, Chairman & CEO of PRG said, “This partnership with MBSE advances our position as the leading supplier of technologically advanced services and solutions in media, entertainment and live events. We look forward to working with the MBSE team as a preferred resource to its customers.”

“PRG’s strong market presence and experience in moving and theatrical lighting provides a perfect fit for our stage-based equipment rental operations,” added Richard Nelson, President and CEO of The MBS Group.  Nelson added, “This is a great opportunity for us to maximize our relationship with PRG to better service our clients.” 

 

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