Industry | Event Hospitality Services |
---|---|
Headquarters | , United States |
Key people | Chris Verros, CEO |
Number of employees | 30,000 [2] |
Parent | Sodexo |
Website | 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]
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]
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds. As of December 31, 2023, the firm had completed more than 730 private equity investments in portfolio companies with approximately $710 billion of total enterprise value. As of December 31, 2023, assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively.
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