M&A Deal Summary

SMG Holdings Acquires CGC Events

On February 4, 2015, SMG Holdings acquired business services company CGC Events

Acquisition Highlights
  • This is SMG Holdings’ 1st transaction in the Business Services sector.
  • This is SMG Holdings’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2015-02-04
Target CGC Events
Sector Business Services
Buyer(s) SMG Holdings
Deal Type Add-on Acquisition

Target

CGC Events

Leeds, United Kingdom
CGC Events Ltd. is a provider of catering concessionaire servicing venues throughout Northern England. CGC also provides catering, concessions and hospitality services to 25 accounts, including horse racing tracks, stadiums, exhibition centers and heritage sites

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Buyer(S) 1

Buyer

SMG Holdings

West Conshohocken, Pennsylvania, United States

Category Company
Founded 1977
Sector Business Services
DESCRIPTION

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


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-03 Premier Food Services

San Diego, California, United States

Premier is a provider of outsourced food and beverage services at entertainment venues, dining clubs, universities and businesses. Its customers range from the State of California to higher education clients and blue chip aerospace and technology firms and include Del Mar Fairgrounds and Race Track, one of the most attended thoroughbred racing venues in the U.S., and the University of California, San Diego Faculty Club.

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