Oct 4, 2019

SMG and AEG Facilities Combine to Become ASM Global

On October 1, 2019 SMG and AEG Facilities LLC completed a merger of equals to create a new, standalone global facility management and venue services company, ASM Global (ASM).

ASM is headquartered in Los Angeles, CA, with key operations based in West Conshohocken, PA, a suburb of Philadelphia. The company also has corporate offices in London, England; Manchester, England; Brisbane, Australia; and Sao Paulo, Brazil. ASM operates a diversified portfolio of arenas, stadiums, convention and exhibition centers, performing arts centers, theaters and other venues with more than 300 facilities across five continents.

 

Bob Newman, former President of AEG Facilities, has been named President and CEO of ASM, effective immediately. Prior to joining AEG Facilities, Mr. Newman spent more than 20 years at SMG, last serving as a regional Vice President for the company. Wes Westley, former CEO and President of SMG, will focus his efforts on key strategic growth initiatives and ensuring a seamless integration.

 

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Wes Westley, president and CEO of the former SMG added, "I am very proud to have had the opportunity to lead such an incredible organization as SMG. We have a long history of working closely with our public and private partners and are confident in our ability to continue to meet and exceed their expectations. ASM’s focus moving forward will be on providing added value and best-in-class services to its customers. We are well-prepared for a seamless integration process.” Westley will continue as a board member for the newly formed ASM. 

 

The new company has more than 61,000 employees, 23 million square feet of convention center space and 2.7 million arena, theater and stadium seats hosting 160 million guests annually.