Oak View Group (OVG), a global venue development, advisory, and investment company for the sports and live entertainment industries, announced in November 2021 that it completed the transaction to acquire Spectra, one of the industry’s leading venue management and hospitality providers, to create one world-class, full-service live events company.

Founded by Tim Leiweke and Irving Azoff in 2015, OVG is focused on being a positive disruption to business as usual in the sports and live entertainment industry and currently has eight divisions across four global offices (Los Angeles, New York, London, and Philadelphia). OVG is leading the redevelopment and operations of Climate Pledge Arena at Seattle Center as well as leading arena development projects for UBS Arena in Belmont Park, NY; Moody Center in Austin, TX; New Arena in Coachella Valley, CA; and Co-op Live in Manchester, UK. OVG Global Partnerships, a division of OVG, is the sales and marketing arm responsible for selling across all OVG arena development projects. OVG Facilities, a division of OVG, is the facility management, booking, security, and sanitization services arm that performs services for both OVG’s arena development projects and clients on a 3rd party basis. OVG Media & Conferences, a division of OVG, publishes Pollstar and VenuesNow, in addition to hosting live entertainment-centric conferences around the world. OVG’s Arena Alliance, a division of OVG, is a collection of the top 32 venues in North America that provides a platform for booking, content, and sponsorship sales opportunities. 

Spectra is an industry leader in live events and entertainment. Spectra’s network of elite onsite management teams work with municipalities, colleges and universities, private developers and other client-partners to create memorable experiences for millions of visitors every year. Spectra delivers measurable value through a blend of venue management, food services & hospitality, and partnerships services for 330 top-tier clients across North America and the globe, including stadiums, arenas, convention centers, performing arts centers, fairgrounds, and casinos. Spectra’s venue management division specializes in pre-construction consulting, event booking and content development, finance and administration, GREAT customer service, marketing and sales, operations, ticketing and box office management. The food services & hospitality division delivers expertise in concessions, catering, facility design, restaurant and premium space management, and data & analytics. Partnerships offers an array of services in five main areas: property sales & representation, naming rights, hospitality and premium seating, strategic consulting, and national partners. Spectra’s onsite teams are backed by senior leadership providing expertise in sophisticated areas such as human resources, legal and risk management, procurement, communications, and crisis management.

What we do

We are focused on the details behind every event, so our clients can enjoy how they all come together.

Accolades & Awards

Spectra has earned top industry honors for our ground-breaking, imaginative, and innovative work in venue management, food service & hospitality, and partnerships.