Investor Relations
Dec 22, 2024 7:21 PM EST
Under the multi-year agreement, which began in December 2013, ABM is now responsible for providing day-to-day janitorial and maintenance services, along with potential event housekeeping and janitorial support for the LACC and its clients. ABM is proud to add the LACC to its portfolio of high profile AEG affiliated venues located in Los Angeles including STAPLES Center, Nokia Theatre L.A. LIVE, The GRAMMY Museum and L.A. LIVE.
"Our global partnership with ABM continues to expand because of their shared commitment to provide our venues, and ultimately our guests, with the highest quality of services and professionalism," said Nick Baker, Sr. Vice President, AEG Global Partnerships. "One of the first things we did after acquiring the management rights for The Los Angeles Convention Center was to reach out to our partners at ABM to engage their industry leading services for this important facility not only in AEG's portfolio but Los Angeles' home of Citywide conventions as well as special events, trade shows and gatherings that are so critical to our City's economy, tourism and hospitality industries. We know that from this day forward, ABM will ensure that this venue will exceed all expectations as the cleanest and most sustainable Convention Center in our nation
To date, ABM has partnered with a number of notable AEG venues throughout the world including The O2 in London, United Kingdom and the O2 World in Hamburg, Germany, StubHub Center in Carson, CA, Sprint Center in Kansas City, MO, BBVA Compass Stadium in Houston, TX, Citizens Business Bank Arena in Ontario, CA; and Valley View Casino Center in San Diego, CA.
"We are delighted to extend our relationship alongside AEG as we strive to provide services that will enhance AEG's continued growth in the sports and entertainment market across the globe," said Charlotte Jensen-Murphy, ABM Senior Vice President, Onsite Sales. "We look forward to leveraging AEG's best practices to ensure the LACC's guests enjoy a memorable experience."
ABOUT THE LOS ANGELES CONVENTION CENTER
The Los Angeles Convention Center (LACC) is one of the most technologically advanced convention and exhibition centers in the world. Operated by AEG Facilities, the LACC attracts more than 2.5 million visitors annually and is renowned internationally as a prime site for conventions, trade shows and exhibitions. An integral economic component to the Southern California area, total sales from client secondary spending tops $1.1 billion annually, generating and sustaining over 12,000 local jobs. LACC is a model environmental-friendly facility, holding the prestigious US Green Building Council's LEED-EB GOLD Certification. LACC is also a Bronze Level recipient of the California Award for Performance Excellence (CAPE), Eureka Award. For more information, please visit lacclink.com.
ABOUT ABM
ABM (NYSE: ABM) is a leading provider of facility solutions with revenues of approximately $4.8 billion and 110,000 employees in over 350 offices deployed throughout the United States and various international locations. ABM's comprehensive capabilities include facilities engineering, commercial cleaning, energy solutions, HVAC, electrical, landscaping, parking and security, provided through stand-alone or integrated solutions. ABM provides custom facility solutions in urban, suburban and rural areas to properties of all sizes from schools and commercial buildings to hospitals, manufacturing plants and airports. ABM Industries Incorporated, which operates through its subsidiaries, was founded in 1909. For more information, visit www.abm.com.
ABOUT AEG
AEG is one of the leading sports and entertainment presenters in the world. AEG, a wholly owned subsidiary of the Anschutz Company, owns or is affiliated with a collection of companies including over 100 of the world's preeminent facilities such as STAPLES Center (Los Angeles, CA), StubHub Center (Carson, CA), Best Buy Theater (Times Square, New York), Mercedes-Benz Arena (Shanghai, China), Allphones Arena (Sydney, Australia) and The O2 arena and entertainment district (London, England). Developed by AEG, L.A. LIVE is a 4 million square foot / $3 billion downtown Los Angeles sports, & entertainment district featuring Nokia Theatre L.A. LIVE, Club Nokia, and a 54-story, 1001-room convention "headquarters" destination. In addition to overseeing privately held management shares of the Los Angeles Lakers, assets of AEG Sports include franchises such as the LA Kings, LA Galaxy and Houston Dynamo and the Amgen Tour of California cycling stage race. Along with AEG Facilities, other global divisions include AEG Live, the world's second largest concert promotion and touring companies comprised of touring, festival, exhibition, broadcast, merchandise and special event divisions and AEG Global Partnerships, responsible for worldwide sales and servicing of sponsorships, naming rights and other strategic partnerships. In 2010, AEG launched its AEG 1EARTH environmental program featuring the industry's first sustainability report while in 2011, AEG introduced AXS a comprehensive entertainment platform serving as the company's primary consumer brand including AXS Ticketing which provides fans the opportunity to purchase tickets directly from their favorite venues via a user-friendly ticketing interface, Examiner.com and the AXS TV network. For additional information, visit www.aegworldwide.com.
Contacts
Media/ABM:
Chas Strong, 770.953.5072
chas.strong@abm.com
or
Investors & Analysts:
David Farwell, 212.297.9792
dfarwell@abm.com
or
Media/AEG/LACC:
Michael Roth, (213) 742-7155
mroth@aegworldwide.com
Minimum 15 minutes delayed. Source: LSEG