Olympus Partners completes US$551 million acquisition of Centerplate
October 06, 2012
551.00 Million USD
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.