Centerplate Explained

Centerplate, Inc.
Location City:Stamford, CT[1]
Location Country:United States
Key People:Chris Verros, CEO
Industry:Event Hospitality Services
Num Employees:30,000[2]
Parent:Sodexo
Homepage:www.centerplate.com

Centerplate, Inc. is a food and beverage corporation serving entertainment venues in North America, and the UK.[3]

Centerplate, formerly known as Volume Services America, Inc., was originally a division of Canteen Corp. In 1995, it was sold to Flagstar, controlled by private equity firm Kohlberg Kravis Roberts (KKR), which then sold Volume Services to The Blackstone Group after Flagstar filed for Chapter 11 bankruptcy.[4] [5] Volume Services changed its name to Centerplate in 2004 when the company completed an IPO. In 2009, Centerplate again became a private company following its merger with an affiliate of Kohlberg & Company. In 2012, Centerplate was acquired by a consortium of investors including members of the then current management team as well as private equity firm Olympus Partners.[6] In 2017, Centerplate was acquired by food services company Sodexo.[7]

Venue Partners

Centerplate provides services to various venues in the United States, Canada and the United Kingdom, including arenas, cinemas, convention centers, resorts, restaurants, zoos and aquariums.[8]

Notes and References

  1. Web site: Contact Us | Centerplate. www.centerplate.com. 2014-08-28. 2014-09-03. https://web.archive.org/web/20140903094420/http://centerplate.com/contact-us/. dead.
  2. Web site: Company Profile for Centerplate Inc (CVP) . 2008-10-14.
  3. Web site: Centerplate UK venues. https://web.archive.org/web/20140826115647/http://www.centerplate.co.uk/client-venues. dead. August 26, 2014.
  4. https://www.nytimes.com/1995/11/30/business/company-news-flagstar-agrees-to-sell-its-stadium-foods-unit.html FLAGSTAR AGREES TO SELL ITS STADIUM FOODS UNIT
  5. Web site: Denny's parent makes bankruptcy filing. July 12, 1997. March 11, 2023. The New York Times. en.
  6. http://www.kohlberg.com/ViewDocument.aspx?f=PYYT_Centerplate%20-%20Liquidity%20-%20Sale.pdf Centerplate Finalizes Management Led Buyout & Agreement with Olympus Partners
  7. Sodexo becomes a leading player in Sports & Leisure globally with the acquisition of Centerplate. Sodexo. www.prnewswire.com. en. 2018-03-14.
  8. Web site: Venue Partners | Centerplate. www.centerplate.com. 2020-03-07. 2020-02-28. https://web.archive.org/web/20200228042608/http://www.centerplate.com/venue-partners/. dead.