Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Seattle & Northwest  + Seattle  + Hospitality  | 
Climate Pledge Arena

Oak View Group and Spectra Merge in Mega Deal

Venue company Oak View Group (OVG) recently completed the transaction to acquire Spectra, a venue management and hospitality provider, to create a full-service live events company. The financial terms of the transaction were not disclosed.

“Now that OVG’s acquisition of Spectra is complete, we can get down to the business of delivering an expanded highly competitive set of services that anticipate and meet the evolving needs of our global client base,” says Tim Leiweke, CEO of OVG. “We’ll begin the important process of fully integrating the talented team at Spectra and bringing together our two organizations to create something truly extraordinary in the live events and entertainment industry.”

The deal comes at a time when OVG is busy leading arena redevelopment and operations of the recently opened Climate Pledge Arena at Seattle Center and other venues across the country.

Connect

Inside The Story

Tim Leiweke

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Sale/Acquisition
Contracoin-02a-cube