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 | SMG Holdings
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…)
SMG Holdings To Be Acquired by Private Equity Firm Onex
SMG Holdings, whose SMG Venue Management is a leading player in the arena world, will be acquired by Canadian private-equity firm Onex Corporation — a move seen as preserving some competitive advantage in the venue world. (more…)