Introduction to Houston Tents & Events
Houston Tents & Events (HTE) is a company that continues to expand its services. Recently, they acquired 3 Phase Rentals, a move that will enhance their capability to offer portable HVAC services. This acquisition is particularly timely, given the approaching summer heat and festival season.
The Acquisition of 3 Phase Rentals
The addition of 3 Phase Rentals to the HTE family is expected to elevate their power and HVAC services. According to Darren Randle, HTE’s Chief Operating Officer, "With 3 Phase Rentals joining our family, we’re taking our power and HVAC services to the next level." Mike Rape, the founder of 3 Phase Rentals, along with his son Carter, will be joining HTE’s power division as executives. This move brings a wealth of expertise to HTE, as 3 Phase Rentals has been a reputable provider of outdoor and portable power solutions for various events.
Background of 3 Phase Rentals
3 Phase Rentals was founded in 2008 by Mike Rape as a support arm for his production company, Audio Visual Professional Group. Initially, the team consisted of only two members, but they quickly gained a reputation for delivering reliable power solutions. Their services include providing silent generators, technical consultants, power system logistics, and construction solutions. In addition to their work in the event industry, the Rape family has also ventured into the hospitality sector. In 2021, they opened The Farm Meadery, a honey wine space in Conroe, which was spearheaded by Mike’s wife, Cathy.
Growth of Houston Tents & Events
The acquisition of 3 Phase Rentals is part of HTE’s upward trajectory. Last year, they acquired A Finer Event, making them one of the largest event coordinator firms in the city. HTE was ranked as one of the 25 fastest-growing businesses in the Southwest Region in 2024 by the Houston Business Journal. With the addition of 3 Phase Rentals, this growth is likely to continue.
Competition in the Market
HTE faces significant competition from Town and Country Party Rentals, which has also been on an acquisition streak. Last year, they re-absorbed Aztec Rentals, increasing their footprint in the city. However, the acquisition of 3 Phase Rentals is expected to give HTE a competitive edge, particularly in the provision of portable HVAC services.
Impact on Events
The addition of 3 Phase Rentals will be a significant asset for HTE, which regularly executes massive events for clients such as Space Center Houston, M.D. Anderson Cancer Center, and the Houston Botanic Garden. With 3 Phase Rentals on board, these events are likely to be cooler and more comfortable for attendees.
Future Prospects
According to Mike Rape, "3 Phase Rentals has always been about delivering rock-solid power solutions for Houston’s biggest events. By joining Houston Tents & Events, we’re gaining the resources, reach, and momentum to do even more." This acquisition is expected to bring new opportunities for HTE and enhance their reputation as a leading event coordinator firm.
Conclusion
In conclusion, the acquisition of 3 Phase Rentals by Houston Tents & Events is a strategic move that is expected to enhance their services and give them a competitive edge in the market. With the addition of Mike Rape and his team, HTE is well-positioned to continue its growth trajectory and deliver high-quality events to its clients. As the summer heat and festival season approach, the provision of portable HVAC services will be a significant asset for HTE, and attendees at their events are likely to appreciate the extra comfort.
