M&A Deal Summary

ASM Global Acquires SMG Holdings

On February 7, 2019, ASM Global acquired business services company SMG Holdings from Onex Partners

Acquisition Highlights
  • This is ASM Global’s 1st transaction in the Business Services sector.
  • This is ASM Global’s 2nd transaction in the United States.
  • This is ASM Global’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-02-07
Target SMG Holdings
Sector Business Services
Buyer(s) ASM Global
Sellers(s) Onex Partners
Deal Type Merger

Target

SMG Holdings

West Conshohocken, Pennsylvania, United States
SMG Holdings, Inc. is a global manager of convention centers, stadiums, arenas, theatres, performing arts centers and other venues. The company offers a comprehensive suite of services, allowing venue owners to outsource all facets of day-to-day operations, including facility staffing and training, food and beverage, event booking and management, event promotion, exhibitor services, financial management and ongoing maintenance services

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Buyer(S) 1

Buyer

ASM Global

Los Angeles, California, United States
Category Company
Sector Business Services
DESCRIPTION

ASM Global is a venue management and services company. ASM provides management services to public assembly facilities including convention and exhibition centers, arenas, stadiums, theatres, performing arts centers, equestrian facilities and a variety of other venues. ASM Global is based in Los Angeles, California.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Merger) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-04 San Diego Sports Arena

San Diego, California, United States

San Diego Sports Arena is a provider of entertainment services.

Buy -

Seller(S) 1

SELLER

Onex Partners

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 23.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Onex Partners is the private equity investment arm of Onex Corp., a Canadian based public investment and asset management firm that also invests in real estate and credit securities. Onex Partners targets investments in large companies, and ONCAP which invests in smaller middle-market companies. Both groups consider North American businesses in a wide range of industries with a special interest in aerospace, healthcare, and industrial companies. Prospective transaction situations include corporate carve-outs where the firm can leverage restructuring capabilities. Onex Corp. was established in 1984 and is based in Toronto with an additional office in New York City.

DEAL STATS #
Overall 27 of 36
Sector (Business Services) 3 of 4
Type (Merger) 3 of 4
State (Pennsylvania) 2 of 2
Country (United States) 21 of 28
Year (2019) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-07 ASM Global

Los Angeles, California, United States

ASM Global is a venue management and services company. ASM provides management services to public assembly facilities including convention and exhibition centers, arenas, stadiums, theatres, performing arts centers, equestrian facilities and a variety of other venues. ASM Global is based in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-04 KidsFoundation Holdings B.V.

Netherlands

KidsFoundation Holdings B.V. is one of the highest-rated childcare providers in the country. It offers nursery care for children between six weeks and four years old as well as before and after school care services for children between four and 12 years old. The company provides childcare for more than 30,000 children across 281 centres with approximately 3,750 employees.

Sell -
Mergr

Product

Company

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