Oak View Group, LLC

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Oak View Group, LLC - overview

Established

2015

Location

Denver, CO, US

Primary Industry

Business Support Services

About

Oak View Group is a US-based company specializing in venue management and development, offering premium hospitality services tailored to enhance the live entertainment experience for clients and audiences. Founded in 2015 and headquartered in Denver, US, Oak View Group focuses on venue management and development. The firm has not undergone significant changes in business strategy since its inception and has established a single notable deal. The company's CEO is Tim Leiweke, who has a history of leadership in the entertainment sector.


In March 2018, Silver Lake invested USD 100 mn in Oak View Group, bringing the total capital raised to USD 100 mn. Oak View Group specializes in venue development and management, along with premium hospitality services tailored for the live entertainment industry. The company operates a range of iconic venues, including arenas, convention centers, and performing arts spaces, providing comprehensive solutions—from event management to food services. Their services are designed to enhance the fan experience and optimize operational efficiency, addressing the diverse needs of clients such as sports teams, artists, and cultural institutions.


Oak View Group's clientele spans major markets across the United States, including cities such as Seattle, Baltimore, and Miami, as well as international locations. Their focus on sustainability and community engagement positions them as a leader in creating inclusive and environmentally-friendly spaces for social gatherings and entertainment. Oak View Group generates revenue through a multifaceted approach, primarily driven by venue management contracts, partnerships, and hospitality services. Transactions typically involve long-term agreements with sports franchises, concert promoters, and event organizers, establishing a stable income stream through service agreements and sponsorship deals.


Their revenue model includes various components such as ticket sales, food and beverage concessions, and premium experiences tailored for high-end clientele. Specific pricing structures are determined by the nature of events hosted at their venues, with potential offerings that encompass exclusive access packages or seasonal contracts for recurring events. This strategic focus on partnerships with various stakeholders in the entertainment and hospitality sectors underpins their robust revenue-generating capabilities. Oak View Group plans to leverage its recent funding of USD 100 mn from Silver Lake to enhance its venue management capabilities and expand its service offerings.


The company aims to introduce new hospitality products and services within the next two years, targeting markets in Europe and Asia for international expansion. The investment will support the development and management of additional venues and improve existing facilities to meet the growing demand for live events.


Current Investors

Silver Lake

Primary Industry

Business Support Services

Sub Industries

Corporate Event Management, Consulting Services, Marketing/Advertising, Hospitality Services, Professional Sports/eSports

Website

www.oakviewgroup.com/

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Oak View Group, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Spin-Off, Trade SaleCompletedInvited's Stadium Club Division-
Add-onCompletedRhubarb Hospitality Collection-
Add-onCompletedSpectrum Catering, Concessions & Events-
BuyoutCompletedSpectra Holdco, LLC-
GrowthCompletedOak View Group, LLC-

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