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  6. Levy Restaurants Acquires Prom Management Group

M&A Deal Summary

Levy Restaurants Acquires Prom Management Group

On September 15, 2015, Levy Restaurants acquired business services company Prom Management Group

Acquisition Highlights
  • This is Levy Restaurants’ 1st transaction in the Business Services sector.
  • This is Levy Restaurants’ 1st transaction in the United States.
  • This is Levy Restaurants’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2015-09-15
Target Prom Management Group
Sector Business Services
Buyer(s) Levy Restaurants
Deal Type Add-on Acquisition

Target

Prom Management Group

Oakdale, Minnesota, United States
Prom Management Group, Inc. (Prom Catering) is a family-owned concessionaire managing over 35 golf events annually.

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Buyer(S) 1

Buyer

Levy Restaurants

Chicago, Illinois, United States
Category Company
Founded 1978
Sector Restaurants
DESCRIPTION

Levy Restaurants is the leading national provider of specialty food service to sports and entertainment venues. It pioneered the concept of fine dining in stadium and arena environments, managing club and skybox dining for 30% of major U.S. stadiums.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
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