Event suppliers Production Resource Group (PRG) and VER are to merge into one entity in Europe and the Middle East.
The companies will be commonly controlled by The Jordan Company, GSO Capital Partners and PRG Management.
Jere Harris will serve as chairman and CEO of PRG and VER, and Stephan Paridaen will be president and COO.
Both companies will offer the ability to share equipment, knowledge and personnel and offer solutions, resources and expertise in ways neither company could achieve independently.
“For more than 20 years PRG has been diligent in offering its clients the best production service and equipment in the entertainment industry. Growth across disciplines, markets and geographies has always been a key part of our strategy,” said Harris, adding: “Now, our ability to support all types of entertainment productions globally will take on new meaning, raising an already high bar to an unprecedented level.”
PRG and VER are both well established in concert touring in lighting, video, media servers, and staging innovations.
Combining PRG and VER’s strength will now offer a complete suite of services for tours, festivals, and events.
While VER brings world-class expertise in the video camera market, lighting, display and a robust suite of cameras, its customers will benefit from PRG’s staging and automation expertise, vast lighting inventory.
Globally, VER and PRG will have approximately 70 locations across five continents.