AEG Facilities and SMG, a portfolio company of Onex, have completed their merger, combining to create the new standalone global facility management and venue services firm ASM Global. (more…)
Tag Archives | AEG Facilities
AEG Facilities, SMG to Merge as ASM Global
Plans for a significant merger in the facility management industry are taking shape, as AEG Facilities will merge with Onex-owned SMG to form ASM Global. Onex and AEG’s subsidiary will each own 50 percent of the company following the completion of the transaction. (more…)
Coyotes’ Stay at Gila River Arena to Run Another Season
The Arizona Coyotes‘ stay at Gila River Arena will extend another year, as the team is returning to the Glendale-based venue for the 2019-20 season. (more…)
New Arena Talks Picking up in San Diego
Talks about a new arena in San Diego are continuing, with AEG and the Hahn family making the case for a downtown venue. (more…)
SMG to Manage Citizens Business Bank Arena; Will Ontario Reign Remain?
We have a management change to report: SMG is taking over management of Citizens Business Bank Arena from AEG Facilities, leaving the future of the arena as home of the Ontario Reign (AHL) up for negotiations. (more…)
AEG to Manage Troubled Gila River Arena
The city of Glendale is taking yet another direction in the management of Gila River Arena, signing industry powerhouse AEG Facilities to run the facility with two express goals: bring more concerts to the venue and keep the Arizona Coyotes (NHL) as a tenant. (more…)
Cincinnati faces tough decisions about U.S. Bank Arena future
Cincinnati is a classic tweener city, and without the ability to lure a major tenant, the future of U.S. Bank Arena may remain with the status quo: an arena that likely will go without upgrades for many years. (more…)