Centerplate in Major Deal
Acquisition of Boston Culinary Group enhances position in sports/entertainment segment
Centerplate has signed a merger agreement with the Boston Culinary Group, with the transaction slated for early 2010. BCG boasts more than a hundred clients in the sports/entertainment segment, including venues like Land Shark Stadium, home of the NFL's Miami Dolphins, the University of Miami Hurricanes and Major League Baseball's Florida Marlins; the Bank Atlantic Center, home of the NHL's Florida Panthers and the Virginia Beach Convention Center.
BCG also adds its dozen university accounts to the 17 held by Centerplate. These clients include the University of Florida, the University of Louisville, the University of Alabama, Virginia Tech, Kansas State University, the University of Mississippi, Yale University and Harvard University.
“When I joined the company to lead its resurgence, I knew that in addition to enhancing our core services, strategic mergers would play a key role in achieving our objective of becoming #1 in hospitality,” says Centerplate President/CEO Des Hague. “With Boston Culinary Group, we look forward to a new era in hospitality.”
Joseph O'Donnell, founder and Chairman of BCG, will serve as chairman of Centerplate's Board of Directors.
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© 2012 Penton Media Inc.
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