M&A Deal Summary

Oak View Group Acquires Spectrum Catering Concessions & Event Services

On August 11, 2022, Oak View Group acquired media company Spectrum Catering Concessions & Event Services

Acquisition Highlights
  • This is Oak View Group’s 2nd transaction in the Media sector.
  • This is Oak View Group’s 2nd transaction in the United States.
  • This is Oak View Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-08-11
Target Spectrum Catering Concessions & Event Services
Sector Media
Buyer(s) Oak View Group
Deal Type Add-on Acquisition

Target

Spectrum Catering Concessions & Event Services

The Woodlands, Texas, United States
website
Spectrum Catering, Concessions & Event Services is a food service and hospitality company that specializes in major sporting events, music festivals, and artist and tour catering — to grow its OVG Hospitality division. Spectrum Catering, Concessions & Event Services was founded in 1992 and is based in The Woodlands, Texas.

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Buyer(S) 1

Buyer

Oak View Group

Los Angeles, California, United States

website


Category Company
Founded 2015
Sector Media
Employees200
DESCRIPTION

Oak View Group is a global sports and entertainment company focused on being a positive disruption to business as usual in the sports and live entertainment industry and currently has eight divisions across four global offices (Los Angeles, New York, London, and Philadelphia). Oak View Group was founded in 2015 and is based in Los Angeles, California.


DEAL STATS #
Overall 2 of 4
Sector (Media) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (Texas) 1 of 1
Country (United States) 2 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-19 Spectra

Philadelphia, Pennsylvania, United States

Spectra engages in live events and entertainment. Spectra's network of elite onsite management teams works with municipalities, colleges and universities, private developers, and other client partners to create memorable experiences for millions of visitors every year. Spectra was founded in 1996 and is based in Philadelphia, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-01 Rhubarb

London, United Kingdom

Rhubarb is a provider of premium food and drink brand delivering high-quality food services across complementary channels at iconic venues and events. Rhubarb was founded in 1996 and is based in London, United Kingdom.

Buy -