Keil is the former CEO of Huntington Learning Centers and a noted expert in growing companies and managing franchise systems. As part of the transaction, Tregaron Capital retained Keil as the President and CEO to run day-to-day operations of the business while the company's original founders took a consulting role. In 2007, Pump It Up announced that Palo Alto, CA-based Tregaron Capital Partners, LLC, a private investment company, acquired a majority share of the company. Pump It Up, which pioneered the indoor inflatable party concept, drives the creativity in the industry with talent who is uniquely skilled at creating new rides (inflatable and other) and new enhancements, while BounceU, founded by two CPAs and two engineers, has strong processes and procedures to help strengthen the combined franchise systems, Keil said. ![]() United, we have the skills, the strength and the numbers to reach incredible heights." "We will now be able to leverage the unique strengths of both organizations. "The combination of the BounceU and the Pump It Up brands make this system by-far the most dominant player in the indoor inflatable entertainment industry," Schmick said. Schmick said BounceU's decision to be merged with Pump It Up was a win-win situation for both parties. In addition, Keil noted that PIU Management will now operate as a multi-brand franchisor. Employees and management of both companies will be retained, and the Pleasanton, CA Pump It Up facility will operate as a back office. "We are confident that the unique strengths of both organizations will provide the skills, experience and numbers necessary to dominate our competition, which in these challenging economic times is critical for everyone with a vested interest in either brand."Īs a result of the acquisition, Pump It Up will eventually move its corporate headquarters from the Bay Area in California to the Phoenix AZ area – a strategic move to make the offices more accessible for current and prospective franchise owners. "By combining the Pump It Up and BounceU brands into one organization, we are now positioned as the dominant franchise system in our industry," said Pump It Up CEO Gordon Keil. ![]() As a result of the transaction, BounceU President Brent Schmick will assume the role of Vice President of Franchise Development for PIU Management, which now serves as the parent company of both Pump It Up Holding, LLC and BU Holding, LLC. System-wide sales revenues for Pump It Up topped $70 million last year, while Bounce U is projected to exceed $15 million in system-wide revenues in 2008. The two brands currently compete in approximately 15 markets. Pump It Up, founded in 2000, currently operates 174 franchises in 33 states nationwide, with more than 70 locations in development, while Bounce U, which began in 2003, has 40 locations open and more than 60 in development. ![]() The transaction positions both private party franchises for domination of the indoor inflatable entertainment industry. – Pump It Up, the nation's largest franchise of interactive, indoor inflatable playgrounds for private parties, announced today that it has merged with Phoenix-based BounceU, its only direct national competitor. I've found 9, 10 and 11 to be the most difficult to arrange birthdays personally as 12 and after there seems a very definite idea of what is ok, under 8 it's fairly obvious too but those middle years are awkward.Īlso I think it depends on what % of guests are family vs friends- we had a huge bouncy castle hired for my uncles 65th birthday the other year and everyone had a blast from my then 2 & 3 year olds right up to my mid-fifties father! (I had to sit out being pg.It's `One Giant Party' in Markets Around the Country as Two Top Players Join Forces For girls I'd say probably too old- my eldest daughter is 11 on thursday and her cousin is having a indoor play (ball pit, trampolines, tunnels, big winding slides, climbing frames etc etc) next weekend and she's happier to go as the camera-woman, the one she went to before that (also family- she's oldest cousin by 5 years then there's 9 others in under 5 years) and although she went in she was very, very adament we didn't tell her friends she'd been to one, she's not normally a kid who worries about what others think either.īoys I think you can stretch it out a little longer and it also depends on the nature of your sons social group, some of the "cooler" kids might take pleasure in picking on someone for having a party they consider a younger kid thing but then other boys that age won't.
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