Transactions & Cases Detail



Transaction/Case Details

Olympus Partners completes US$551 million acquisition of Centerplate

DATE CLOSED

October 6, 2012

BUSINESS SECTOR

Financial Services

LEAD OFFICE

Toronto

VALUE

551 Million USD


OVERVIEW

On October 16, 2012, Olympus Partners announced that it acquired Centerplate for US$551 million.

Centerplate, headquartered in Greenville, South Carolina, is North America's leading event hospitality provider to the top sports venues, convention centers and entertainment venues, serves approximately 250 unique venues and 100 million guests annually. Centerplate has provided event hospitality services to 15 official U.S. Presidential Inaugural Balls, 13 Super Bowls, 20 World Series, the 2010 Winter Olympic Games, and the largest plated dinner in history.

Olympus Partners, headquartered in Stamford, Connecticut, is a private equity firm founded in 1988 to make equity investments in middle market leveraged buyouts and minority ownership financings.

McCarthy Tétrault LLP acted as Canadian counsel to Olympus Partners, as acquiror, with a team led by W. Palm, and including Oliver Borgers, Mark Firman, Trevor Lawson, and James Morand.

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Related Area of Expertise


Hospitality
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Private Equity
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