McGuireWoods advised Third Space Partners, a private equity firm focused on businesses powering the experience economy, on its investment vehicles’ acquisition of Quest Events, the national leader in drape and modular scenic solutions for live events.
The partnership pairs Quest’s national scale and reputation for execution with Third Space’s experience and relationships across live entertainment, sports and music. Quest’s existing management team, led by founder and CEO Lee Dunlap, will continue to lead the business.
McGuireWoods counseled Third Space on the acquisition and debt finance aspects of the deals. Partners Jon W. Finger and Jason W. Griffith, along with associates Ashley S. Rogers and Hannah M. Lewis, led acquisition guidance. Partners Hillary P. Patterson and Casey J. Nelson led the debt finance team, along with associates Donald J. Kwasigroch, Andrew Flack and Emily Brooks.
“We are proud to partner with Third Space Partners and excited to work with Quest Events moving forward,” said Finger, the leader of the McGuireWoods’ Private Equity Industry Team. “We’re honored to have the trust of such an impressive emerging manager, and we’re looking forward to helping them grow.”
McGuireWoods’ private equity attorneys advise private equity firms, institutional investors, independent sponsors, emerging managers, family offices, investment advisers, management teams, lenders and portfolio companies. The firm’s Fund Formation & Investment Management Practice Group assists clients in structuring and advising on investment vehicles, including buyout funds, venture capital funds, real estate funds, credit funds and co-investment vehicles. The team counsels sponsors throughout the lifecycle of a fund, from initial planning and regulatory compliance to fundraising, investor negotiations and ongoing governance. The firm earned nationwide rankings for M&A and private equity deal work in the Chambers USA and the Legal 500 United States guides.