M&A Deal Summary

Oak View Group Acquires Spectra

On November 19, 2021, Oak View Group acquired media company Spectra from Atairos

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

M&A Deal Summary
Date 2021-11-19
Target Spectra
Sector Media
Buyer(s) Oak View Group
Sellers(s) Atairos
Deal Type Add-on Acquisition
Advisor(s) Moelis & Co. (Financial)
Davis Polk & Wardwell (Legal)

Target

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.

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Buyer(S) 1

Buyer

Oak View Group

Los Angeles, California, United States
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 1 of 4
Sector (Media) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (Pennsylvania) 1 of 1
Country (United States) 1 of 3
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-11 Spectrum Catering Concessions & Event Services

The Woodlands, Texas, United States

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.

Buy -

Seller(S) 1

SELLER

Atairos

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2016
PE ASSETS 6.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Atairos is a generalist private equity firm focused on partnering with growth-oriented businesses. Atairos does not have any sector preferences and will consider opportunities across the US. Atairos was formed in 2016 and has offices in New York City and Philadelphia.

DEAL STATS #
Overall 2 of 3
Sector (Media) 1 of 2
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 2 of 3
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 ProQuest

Ann Arbor, Michigan, United States

ProQuest is an information content and services company. ProQuest technologies serve users across the critical points in research, helping them discover, access, share, create and manage information. ProQuest was formed in 1938 and is based in Ann Arbor, Michigan.

Sell $5.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 Bowlero

Mechanicsville, Virginia, United States

Bowlero is an owner and operator of bowling centers in the world, with more than 300 locations, across the U.S., Mexico, and Canada specializing in corporate and private events as well as league and retail bowling. Bowlero portfolio of bowling center brands includes Bowlero, Bowlmor Lanes, AMF Bowling Co., and Brunswick Zone, serving over 28 million guests each year. Bowlero was founded in 1997 and is based in New York City.

Sell -
Mergr

Product

Company

Legal