PEAQ Procurement teams up with LOL Entertainment to offer advisory services to drive efficiencies across their portfolio.

Philadelphia, PA – March 31, 2021 – PEAQ Procurement, a premier procurement advisory firm focused on servicing the mid-cap marketplace, has teamed up with LOL Entertainment, a portfolio edutainment company, to help them with their immediate growth initiatives.  PEAQ will provide LOL Entertainment with a variety of procurement advisory services, ranging from supplier and merchandising optimization to streamlining data capture to support day-to-day operations.

LOL Entertainment is at an exciting point in their Company’s lifecycle as they have recently opened Museum of Illusions Chicago and are set to expand this franchise into the Philadelphia market in 2021.  With additional edutainment concepts planned in the future, they are positioned for significant growth.

“We are thrilled to have been selected by LOL Entertainment to provide procurement services at this emerging stage for their company.  We look forward to bringing our full capabilities to bear to deliver tremendous outcomes for LOL” said PEAQ Procurement Founder & CEO Chris Shaffer. “LOL is a company with talented professionals; we couldn’t be happier to work with them.”

“LOL Entertainment is poised to expand rapidly over the next few years said Rob Cooper, CEO of LOL Entertainment. “We are pleased to deploy PEAQ’s expertise in procurement services as we take the next step in our journey.  With this partnership, we will achieve operational efficiency, and best practice.  We are thrilled to be working with the PEAQ team.”

About PEAQ Procurement:

PEAQ Procurement is a strategic advisory firm focused on helping mid-sized companies grow by delivering value through procurement.  PEAQ enables companies to more effectively scale by helping procure goods and services in a world-class way, delivering extraordinary value and sustained results just as Fortune 500 companies do, but without the burdensome infrastructure and overhead. This ultimately delivers real bottom-line impact and allows clients to more effectively grow.  With some of the most seasoned professionals, having worked for many of the best companies and most renowned procurement organizations across the globe, PEAQ knows how to take companies from where they are today to delivering PEAQ Performance…Procurement Excellence Achieved Quickly.

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About LOL Entertainment:

LOL Entertainment is a portfolio Company specializing in edutainment venues incorporating thought and brilliance into diversion and play. We offer education and entertainment to people of all ages, leveraging science, technology, engineering, and mathematics, to provide mind bending and tantalizing fun.

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