SMG was an American worldwide

venue Venue is the location at which an event takes place. It may refer to: Locations * Venue (law), the place a case is heard * Financial trading venue, a place or system where financial transactions can occur * Music venue, place used for a concer ...

management group headquartered in

West Conshohocken, Pennsylvania West Conshohocken is a borough in Montgomery County, Pennsylvania, United States. The population was 1,320 at the 2010 census. Its sister community is Conshohocken, located across the Schuylkill River. Montgomery County's seat, Norristown, is lo ...

, that specialized in managing publicly owned facilities. It began their operation in 1977 with management of the

Louisiana Superdome The Caesars Superdome, commonly known as the Superdome (formerly known as Mercedes-Benz Superdome), is a multi-purpose stadium located in the Central Business District of New Orleans, Louisiana. It is the home stadium of the New Orleans Saints ...

. It was one of the largest property management corporations in the world. SMG was a joint venture in general partnership form with two equal principals, The Hyatt Hotel Company and Aramark Corporation. SMG was bought by American Capital in 2007 for US$631 million, and American Capital was sold to Ares Management in January 2017. Ares Management sold SMG to

Onex Corporation Onex Corporation is an investment manager founded in 1984. The firm manages capital on behalf of Onex shareholders, institutional investors and high net worth clients around the world. As of September 30, 2022, Onex had approximately US$47.2 ...

in 2017. In October 2019, SMG and

AEG Facilities The Anschutz Entertainment Group (AEG), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. It is the world's largest owner of sports teams and sports even ...

merged to make a new company called ASM Global.

Properties managed

Arenas

The company managed arenas in Canada, United Kingdom, Germany, Norway, United Arab Emirates, Puerto Rico, United States.

Convention centers

It managed convention centers in Canada, Mexico, United States.

Stadiums

It managed stadiums in Poland, United States.

Theatres

It managed theatres in United Kingdom, Germany, United States.

Other venues

Other types of managed venues were in Germany and United States.

References

External links

*{{Official website, http://www.smgworld.com Companies based in Philadelphia