Kirkland Advises Oak View Group on Acquisition of Spectrum Catering, Concessions & Event Services
Kirkland & Ellis advised Oak View Group in connection with its acquisition of Spectrum Catering, Concessions & Event Services – the leading food service and hospitality company that specializes in major sporting events, music festivals, and artist and tour catering — to grow its OVG Hospitality division. The announcement comes eight months after OVG’s acquisition of Spectra, which is one of the industry’s leading food and beverage providers, in November 2021 to create a leading full-service live events company. The acquisition of Spectrum, which is headquartered in Houston, Texas, will continue OVG Hospitality’s trajectory toward becoming the top food service and hospitality provider in the industry by broadening the company’s portfolio and expertise.
Spectrum has overseen the hospitality experience at major sporting events, such as the PGA TOUR, NCAA Final Four March Madness Festivals, US Davis Cup Tennis, and the United States National Diving Championships. The company has also been concessionaire to the largest, most prestigious outdoor music events in the country, including Bonnaroo, Burning Man, and Governor’s Ball, producing some of the highest per caps in the industry. Spectrum also serves all aspects of touring and backstage entertainment, delivering celebrity service to the top names in the music industry as the exclusive tour caterer to Cirque du Soleil’s North American Touring Shows, touring with The Eagles, and having managed tour rehearsals for world-class artists like Madonna, Jimmy Buffett and Aerosmith.
The Kirkland team was led by corporate partner Chris Wu and included associates Peter Liskanich and Manuel Kapukchyan, tax partners Anne Kim and Liam Murphy, real estate partner Rob Miceli and associate Rachel Piccirillo, executive compensation partner Jack Stratton and associate Paige Costakos, labor partner Peter Mee and associate Paul Vasiloff, employee benefits partner Maureen O’Brien, technology and intellectual property transactions partner Amber Harezlak and associate Donovan Suh, environmental transactions partner Ty’Meka Reeves-Sobers and associate Cheyenne Overall, international trade partner Sanjay Mullick and debt finance partner Paul Rezvani.