Announced
Completed
Synopsis
Oak View Group, a development, service, and investment company, completed the acquisition of Rhubarb Hospitality Collection, a hospitality provider from LGT Private Capital, a specialist in alternative investing. Financial terms were not disclosed. "This acquisition, along with other companies we acquired over the last two years, gives us a platform that we think rivals or is better than any other food and beverage company out there. We feel strongly about this because we are facility owners and operators, and we see food and beverage differently than people who are simply just third-party vendors. If you look at the arenas we own and operate and you look at our upcoming ventures, like Co-op Live, by adding RHC we think we are now best-in-class on premium experience and hospitality and that is in large part because of our knowledge and experiences as arena owners and operators, not just food and beverage vendors," Tim Leiweke, Oak View Chairman and CEO.
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