September 29, 2016 9:44 AM ET

Commercial Services and Supplies

Company Overview of ARAMARK Sports and Entertainment Services, LLC

Company Overview

ARAMARK Sports and Entertainment Services, LLC provides a range of services to sports facilities, convention centers, and entertainment venues in the United States and Canada. The company offers food and beverage services, hospitality, dining and catering, retail merchandise, and facility service programs. It offers facility management services, such as cleaning, maintenance, grounds keeping and landscape management, capital management and building commissioning, laundry, security, contract management, ushering/ticket taking, and snow removal. The company is based in Philadelphia, Pennsylvania. ARAMARK Sports and Entertainment Services, LLC operates as a subsidiary of ARAMARK Corporation.

1101 Market Street

Philadelphia, PA 19107

United States

Phone:

800-999-8989

Key Executives for ARAMARK Sports and Entertainment Services, LLC

Principal Financial Officer and Treasurer
Age: 50
Vice President and Associate General Counsel
Head of Business Development and Vice President
Senior Vice President of Strategic Client Relations
Principal Accounting Officer and Assistant Treasurer
Age: 52
Compensation as of Fiscal Year 2016.

ARAMARK Sports and Entertainment Services, LLC Key Developments

The National Park Service Selects Aramark Sports and Entertainment Services, LLC

The National Park Service has selected Aramark Sports and Entertainment Services, LLC, to provide lodging, tour boat, food and beverage, and other services under a new 10-year concession contract at Glacier Bay National Park and Preserve. The company has been the operator of concession services at Glacier Bay under a previous contract which expires at the end of this month. The new contract will take effect October 1st, 2015.

Aramark Sports and Entertainment Cuts 77 Jobs in Houston

Aramark Sports and Entertainment is cutting 77 jobs in Houston. As of Feb. 28, Aramark will permanently close its facilities services operations for those locations and permanently eliminate the non managerial jobs assigned to those facilities.

National Park Service Selects ARAMARK Sports and Entertainment, LLC

The National Park Service announced that it has selected ARAMARK Sports and Entertainment, LLC to provide a variety of visitor services in Mesa Verde National Park for the next 10 years. The new park concessions contract is anticipated to begin January 2015 and includes lodging, campground, food and beverage, retail, tour, kennel, fuel, and other visitor services within the park. The new contract includes a minimum franchise fee of 6.5% that will be returned to the government each year based on annual gross receipts. The contract also includes a repair and maintenance reserve of 3.4%. The annual gross receipts are expected to be approximately $7,000,000. The contract requires upgrading lodge rooms along with furnishings as well as providing kennel services.

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Recent Private Companies Transactions

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