Concessionaire Levy Joins Elevate Ownership Group [Yahoo! Finance]
Live Nation Entertainment, Inc. (LYV)
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Source: Yahoo! Finance
Levy, a hospitality company specializing in sports and entertainment dining, has joined the Elevate ownership group, which already includes the San Francisco 49ers, Harris Blitzer Sports & Entertainment (HBSE) and Velocity Capital Management. The concessionaire joins the cap table as Elevate plans on opening new offices in 2025 to serve a client roster of more than 1,000 organizations. More from Sportico.com Women's Sports Poised to Convert Buzz to Dollars, Study Says Strauss Gets Sky-High ROI From MLB Playoff Helmet Logos MLB Helmet Stickers Annoy Fans as Strauss Makes U.S. Debut Elevate CEO and 49ers president Al Guido said Levy's relationships, current league partners and data analytics team, E15 Group, made it an ideal fit. The company expects to provide clients with a robust slate of fan data. “When you start checking off all the boxes, it made too much sense not to join forces,” Guido said in an interview. The terms of the deal were not disclosed. Levy CEO Andy
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- 11/27/24 - Form 4
- 11/27/24 - Form 4
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