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  6. Power Plus Productions Acquires Backbeats Drum & Backline

M&A Deal Summary

Power Plus Productions Acquires Backbeats Drum & Backline

On June 15, 2021, Power Plus Productions acquired business services company Backbeats Drum & Backline from Performance Audio

Acquisition Highlights
  • This is Power Plus Productions’ 2nd transaction in the Business Services sector.
  • This is Power Plus Productions’ 2nd transaction in the United States.
  • This is Power Plus Productions’ 2nd transaction in Utah.

M&A Deal Summary
Date 2021-06-15
Target Backbeats Drum & Backline
Sector Business Services
Buyer(s) Power Plus Productions
Sellers(s) Performance Audio
Deal Type Divestiture

Target

Backbeats Drum & Backline

Salt Lake City, Utah, United States
Backbeats Drum & Backline provides customers a single source for both audio rental equipment and musical instruments. The company prepares full band rigs to any artist specifications and offers a complete service to deliver, set up, and give a helping hand during the performance if necessary. Backbeats Drum & Backline was formed in 1998 and is based in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

Power Plus Productions

Vista, California, United States
Category Company
Founded 2002
Sector Business Services
DESCRIPTION

Power Plus Productions is a full-service event technology & production company specializing in audio, video, sound, and lighting. The company delivers powerful audiovisual experiences while providing rewarding professional partnerships to its clients. Power Plus Productions was formed in 2002 and is based in Vista, California.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Utah M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 Performance Audio - Production & Rental Divisions

Salt Lake City, Utah, United States

Performance Audio's Production & Rental Divisions is focused on providing products and rental services of professional sound systems and equipment.

Buy -

Seller(S) 1

SELLER

Performance Audio

Salt Lake City, Utah, United States
Category Company
Founded 1977
Sector Electronics
DESCRIPTION

Performance Audio is a primary supplier of professional sound systems and equipment both regionally and nationally. The company has serviced the sound system needs of touring entertainers, business and trade shows, as well as the film and video production industry for over 30 years. Performance Audio was formed in 1977 and is based in Salt Lake City, Utah.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Utah M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 Performance Audio - Production & Rental Divisions

Salt Lake City, Utah, United States

Performance Audio's Production & Rental Divisions is focused on providing products and rental services of professional sound systems and equipment.

Sell -
Mergr

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