How many venues will SMG bring into the merger with AEG?
2 min read
Asked by: Kim Smith
Does AEG own ASM?
Venue management companies AEG Facilities and SMG have completed their merger to create ASM Global, a new, stand-alone global facility management and venue services company that now operates more than 300 arenas, stadiums, convention centers and performing arts centers across five continents.
Who did SMG merge with?
AEG Facilities
The merger between Onex-owned venue management services company SMG and AEG Facilities, the venue management subsidiary of sports and entertainment giant AEG, has been completed, the two companies announced today (Tuesday).
Who bought SMG?
Onex Corporation
SMG was bought by American Capital in 2007 for US$631 million, and American Capital was sold to Ares Management in January 2017. Ares Management sold SMG to Onex Corporation in 2017. In October 2019, SMG and AEG Facilities merged to make a new company called ASM Global.
When was ASM Global formed?
October 2019
ASM Global was formed in October 2019 from the merger of AEG Facilities, the global innovator in live entertainment venues, and SMG, the gold standard in event management.
What does ASM Global do?
ASM Global is the world’s largest and most trusted venue management and services company, spanning five continents, with a portfolio of more than 300 of the world’s most prestigious arenas, stadiums, convention and exhibition centers, and performing arts venues.
How many venues does ASM Global have?
As the world’s leading venue management company and producer of live event experiences, ASM Global is the preeminent management and content partner with over 350 venues worldwide.
How much is ASM Global worth?
ASM net worth as of June 10, 2022 is $13.95B.
