Oak View Group has taken another step in expanding its reach into sporting events, music festivals and artist and tour catering with the acquisition of Spectrum Catering, Concessions & Event Services.
The acquisition announced today is the latest move on the part of VenuesNow’s parent company to expand its OVG Hospitality division and comes eight months after OVG acquired food and beverage provider Spectra.
Spectrum, founded in 1992 by Dave Smalley, the firm’s CEO, generates about $100 million in annual revenue, according to the company’s website.
Spectrum headquarters are in Houston, where it runs the food at Cynthia Woods Mitchell Pavilion, a 48-year-old amphitheater that was rebuilt after Hurricane Ike caused extensive damage in 2008.
