M&A Deal Summary

PRA Acquires Destination Services

On February 9, 2017, PRA acquired media company Destination Services

Acquisition Highlights
  • This is PRA’s 1st transaction in the Media sector.
  • This is PRA’s 1st transaction in the United States.
  • This is PRA’s 1st transaction in Colorado.

M&A Deal Summary
Date 2017-02-09
Target Destination Services
Sector Media
Buyer(s) PRA
Deal Type Add-on Acquisition

Target

Destination Services

Avon, Colorado, United States
Destination Services Corp. is a destination and event management company that provides business and event planning services.

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Buyer(S) 1

Buyer

PRA

Chicago, Illinois, United States
Category Company
Founded 1981
Sector Business Services
DESCRIPTION

PRA is a destination management company that supports its clients’ off-site business events such as corporate meetings, incentive travel programs, and conferences by providing activity and transportation solutions and other destination support services. PRA provides a critical link between event planners and the local markets where business events take place. PRA was founded in 1981 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 5
Sector (Media) 1 of 3
Type (Add-on Acquisition) 1 of 5
State (Colorado) 1 of 1
Country (United States) 1 of 5
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-20 One Smooth Stone

Downers Grove, Illinois, United States

One Smooth Stone is an event and communication agency. One Smooth Stone is based in Downers Grove, Illinois.

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