SMG was an American worldwide venue management group headquartered in West Conshohocken, Pennsylvania, that specialized in managing publicly owned facilities. It began their operation in 1977 with management of the Louisiana Superdome. 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 in 2017. In October 2019, SMG and AEG Facilities merged to make a new company called ASM Global.
The company managed arenas in Canada, United Kingdom, Germany, Norway, United Arab Emirates, Puerto Rico, United States.
- Live Nation Among Bidders to Buy Venue Giant SMG
- Reports: American Capital buys SMG
- ASM Global (October 1, 2019). AEG Facilities and SMG Complete Transaction to Create ASM Global. Press release.
- AEG Facilities & SMG Finalize Merger to Form ASM Global. Eldridge Industries (October 1, 2019).