Oak View Group Makes Strategic Growth Investment in Family Entertainment Holdings

Seaport Capital and Gray Television Invest in Family Entertainment Holdings

November 9, 2021

Media & Entertainment

Seaport Capital, alongside Gray Television and a group of investors, provided growth capital to form Family Entertainment Holdings (FEH), a Medina, Ohio–based holding company for live family entertainment brands. The investment will scale FEH’s first two formats — Magic of Lights and Hot Wheels Monster Trucks Live — and support geographic expansion and platform growth under CEO Ken Hudgens.

Oak View Group Acquires Spectra

November 19, 2021

Media & Entertainment

Oak View Group (OVG) completed its acquisition of Spectra, the venue management, food & beverage and hospitality business formerly part of Comcast Spectacor, after receiving DOJ approval. The combined company will operate as a full-service live events and entertainment platform, integrating Spectra's venue management and hospitality capabilities with OVG's venue development, sponsorship and facilities services.

H.I.G. Capital Affiliate Acquires Family Entertainment Group

July 21, 2022

Restaurants & Hospitality

H.I.G. Capital, through one of its affiliates, has completed the acquisition of Family Entertainment Group Holdings, LLC. The Itasca, Illinois–based company operates nearly 60 family entertainment locations and provides turnkey outsourced arcade and facility management services; H.I.G. will partner with founder George Smith and the existing management team to accelerate growth and expand the company's market presence.

Oak View Group Acquires Spectrum Catering, Concessions & Event Services

August 1, 2022

Restaurants & Hospitality

Oak View Group's OVG Hospitality division has acquired Spectrum Catering, Concessions & Event Services, a Houston-area event food service company that specializes in sporting events, music festivals, and artist/tour catering. The deal expands OVG Hospitality's portfolio and capabilities in live-event food and hospitality services across major sports, festival and touring markets.

HOFV Holdings Takes Hall of Fame Resort & Entertainment Company Private

January 5, 2026

Media & Entertainment

Hall of Fame Resort & Entertainment Company completed a previously announced merger with an affiliate of HOFV Holdings, LLC and is now privately owned by HOFV Holdings. The take-private transaction is intended to provide the company greater flexibility to pursue long-term growth and continued investment in its Hall of Fame Village destination operations.

Opry Entertainment Group Acquires Majority Interest in Southern Entertainment

January 14, 2025

Media & Entertainment

Opry Entertainment Group (a subsidiary of Ryman Hospitality Properties) has acquired a majority interest in Charlotte-based Southern Entertainment, a live events, hospitality and production company that produces festivals including Carolina Country Music Fest, Barefoot Country Music Fest, Lovin' Life Music Fest and Greenville Country Music Fest. The founders (Durkin and Pedlow) will remain in leadership roles as OEG integrates artist-development programs and looks to expand festival offerings and geographic reach.