Global Industrial Company and Oak View Group Partner to Drive Operational Excellence at Live Entertainment and Sports Properties
Global Industrial Company (NYSE:GIC) has announced a multi-year partnership with Oak View Group (OVG), a global leader in venue development and management. As the primary source for industrial equipment and supplies, Global Industrial will support OVG's North American live entertainment and sports venues with solutions in storage, safety, material handling, maintenance, and HVAC systems.
The partnership includes Global Industrial joining OVG's GOAL (Green Operations & Advanced Leadership) network as an official solutions provider, focusing on enhancing sustainability efforts and reducing environmental footprint at member venues. The collaboration aims to streamline operations and deliver exceptional experiences across OVG's portfolio of iconic sports and entertainment venues.
Global Industrial Company (NYSE:GIC) ha annunciato una partnership pluriennale con Oak View Group (OVG), leader globale nello sviluppo e nella gestione di strutture. In qualità di principale fornitore di attrezzature e forniture industriali, Global Industrial supporterà i luoghi di intrattenimento e sportivi di OVG in Nord America con soluzioni per lo stoccaggio, la sicurezza, la movimentazione dei materiali, la manutenzione e i sistemi HVAC.
La partnership prevede l'ingresso di Global Industrial nella rete GOAL (Green Operations & Advanced Leadership) di OVG come fornitore ufficiale di soluzioni, concentrandosi sul miglioramento degli sforzi di sostenibilità e sulla riduzione dell'impatto ambientale nei luoghi membri. La collaborazione mira a semplificare le operazioni e a offrire esperienze eccezionali in tutto il portafoglio di iconiche strutture sportive e di intrattenimento di OVG.
Global Industrial Company (NYSE:GIC) ha anunciado una asociación a largo plazo con Oak View Group (OVG), un líder mundial en el desarrollo y la gestión de recintos. Como fuente principal de equipos y suministros industriales, Global Industrial apoyará los lugares de entretenimiento y deportivos de OVG en América del Norte con soluciones en almacenamiento, seguridad, manejo de materiales, mantenimiento y sistemas HVAC.
La asociación incluye la incorporación de Global Industrial a la red GOAL (Green Operations & Advanced Leadership) de OVG como proveedor oficial de soluciones, enfocándose en mejorar los esfuerzos de sostenibilidad y reducir la huella ambiental en los recintos miembros. La colaboración tiene como objetivo optimizar las operaciones y ofrecer experiencias excepcionales en todo el portafolio de icónicas instalaciones deportivas y de entretenimiento de OVG.
글로벌 산업 회사 (NYSE:GIC)는 오크 뷰 그룹 (OVG)와 다년간의 파트너십을 발표했습니다. OVG는 장소 개발 및 관리의 글로벌 리더입니다. 글로벌 산업은 산업 장비 및 용품의 주요 공급업체로서 OVG의 북미 라이브 엔터테인먼트 및 스포츠 장소에 저장, 안전, 자재 처리, 유지 보수 및 HVAC 시스템 솔루션을 지원합니다.
이 파트너십에는 글로벌 산업이 OVG의 GOAL (Green Operations & Advanced Leadership) 네트워크에 공식 솔루션 제공업체로 참여하여 회원 장소에서 지속 가능성 노력을 강화하고 환경 발자국을 줄이는 데 중점을 둡니다. 협업의 목표는 운영을 간소화하고 OVG의 상징적인 스포츠 및 엔터테인먼트 장소 포트폴리오 전반에 걸쳐 뛰어난 경험을 제공하는 것입니다.
Global Industrial Company (NYSE:GIC) a annoncé un partenariat pluriannuel avec Oak View Group (OVG), un leader mondial dans le développement et la gestion de lieux. En tant que principal fournisseur d'équipements et de fournitures industrielles, Global Industrial soutiendra les lieux de divertissement et sportifs d'OVG en Amérique du Nord avec des solutions en matière de stockage, de sécurité, de manutention, d'entretien et de systèmes CVC.
Le partenariat comprend l'adhésion de Global Industrial au réseau GOAL (Green Operations & Advanced Leadership) d'OVG en tant que fournisseur officiel de solutions, axé sur l'amélioration des efforts de durabilité et la réduction de l'empreinte environnementale dans les lieux membres. La collaboration vise à rationaliser les opérations et à offrir des expériences exceptionnelles à travers le portefeuille de lieux sportifs et de divertissement emblématiques d'OVG.
Global Industrial Company (NYSE:GIC) hat eine mehrjährige Partnerschaft mit Oak View Group (OVG) angekündigt, einem globalen Führer im Bereich Venue-Entwicklung und -Management. Als primäre Quelle für Industrieausstattung und -bedarf wird Global Industrial OVGs nordamerikanische Live-Entertainment- und Sportstätten mit Lösungen in den Bereichen Lagerung, Sicherheit, Materialhandling, Wartung und HVAC-Systeme unterstützen.
Die Partnerschaft umfasst den Beitritt von Global Industrial zum GOAL (Green Operations & Advanced Leadership) Netzwerk von OVG als offizieller Lösungsanbieter, der sich auf die Verbesserung der Nachhaltigkeitsbemühungen und die Verringerung des ökologischen Fußabdrucks an den Mitgliedsorten konzentriert. Die Zusammenarbeit zielt darauf ab, die Abläufe zu optimieren und außergewöhnliche Erlebnisse in OVGs Portfolio ikonischer Sport- und Veranstaltungsorte zu bieten.
- Strategic partnership with major venue management company OVG expands market reach
- Access to high-profile sports and entertainment venues as primary supplier
- Enhanced visibility through sustainability initiative participation
- None.
Insights
Global Industrial Company's multi-year partnership with Oak View Group represents a strategic market expansion into the high-profile live entertainment and sports venue sector. By securing position as the primary supplier for OVG's North American venues, GIC gains consistent revenue opportunities across multiple product categories including storage, safety, material handling, janitorial maintenance, and HVAC equipment.
The deal's structure offers two significant advantages: First, it creates a recurring revenue stream through the ongoing operational needs of established venues. Second, it positions GIC within OVG's sustainability network (GOAL), potentially opening doors to additional business as venues increasingly prioritize environmental improvements.
While financial terms remain undisclosed, this partnership demonstrates GIC's ability to secure enterprise-level clients in the competitive industrial supply space. For a company with an $875M market cap, capturing a share of operational expenditure from major entertainment venues provides meaningful diversification and growth potential, particularly as in-person events continue their post-pandemic resurgence.
Global Industrial, ‘The Source for Industrial Equipment and Supplies,' to serve as solutions provider for OVG venues and sustainability network GOAL (Green Operations & Advanced Leadership)
PORT WASHINGTON, NY / ACCESS Newswire / March 25, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, and Oak View Group (OVG), a global leader in venue development, management, premium hospitality services and 360-degree solutions, today announced a multi-year partnership to drive operational excellence at OVG's portfolio of venues. As part of the partnership, Global Industrial will serve as the primary source for industrial equipment and supplies for OVG's North American live entertainment and sports venues. Additionally, Global Industrial has joined OVG's GOAL (Green Operations & Advanced Leadership) network as an official solutions provider.
Global Industrial, ‘The Source for Industrial Equipment and Supplies,' will provide its leading assortment of solutions for storage & shelving, safety & security, material handling, janitorial & facility maintenance, and HVAC & fans to support the operation and management of venues owned and managed by OVG. The OVG portfolio includes some of the most iconic sports, music and live entertainment venues in North America.
As an official solutions provider for GOAL, Global Industrial will help enhance sustainability efforts and reduce the environmental footprint at member venues.
"We are excited to partner with a world class organization like OVG and support its efforts to deliver exceptional in person experiences at their venues," said Lisa Armstrong, Senior Vice President and Chief Marketing Officer at Global Industrial. "At Global Industrial, we are proud of our ability to deliver solutions that help our customers run their operations safely, efficiently, and more sustainably. With a focus on supporting our customers to succeed and our national reach, we are a natural fit with OVG, their venues and GOAL members."
"We strive to be best in class in everything we do, and we'll rely on Global Industrial's expertise and insight to help us enhance and streamline operations across our venues," said Dan Griffis, President of OVG Global Partnerships. "Our aim is to deliver top-tier operations-both behind the scenes and customer-facing-to ensure the best possible experience for our guests."
About Global Industrial Company
Global Industrial Company (NYSE: GIC), through its operating subsidiaries, is a value-added distributor. Leveraging over 75 years of experience, Global Industrial specializes in providing industrial equipment and supplies to small- to medium-sized businesses, large enterprises, and the public sector. Global Industrial is committed to its customer-centric strategy and leverages a team of subject matter experts, products from its Global Industrial Exclusive BrandsTM, and national vendor relationships to help customers succeed. At Global Industrial, "We Can Supply That®".
About Oak View Group
Oak View Group (OVG) is the global leader in live experience venue development, management, premium hospitality services, and 360-degree solutions for a collection of world-class-owned venues and a client roster of arenas, stadiums, convention centers, music festivals, performing arts centers, and cultural institutions. Founded by Tim Leiweke and Irving Azoff in 2015, OVG is the leading developer of major new venues either open or under development across four continents. Visit OakViewGroup.com, and follow OVG on Facebook, Instagram, X, and LinkedIn.
About GOAL
GOAL is a pioneering sustainability-driven membership and support network for sports, entertainment, and live event venues, including stadiums, arenas, theaters, and convention centers. With over 40 members across the United States, Canada, and the UK, GOAL provides environmental data analysis, sustainability strategy, and partnership advice. Utilizing Salesforce Net Zero Cloud for carbon accounting and visualizations, GOAL helps venues track and improve their sustainability efforts. The membership also provides qualitative support, including sustainability visioning, goal-setting, and action planning, and creates a network to facilitate connections to operators and vetted vendors. By fostering collaboration, sharing best practices, and offering tailored support, GOAL empowers venues to enhance their sustainability efforts, regardless of their starting point. The Founding Partners of GOAL are Oak View Group, the Atlanta Hawks & State Farm Arena, Fenway Sports Group, and green building trailblazer Jason F. McLennan, founder of McLennan Design.
Investor/Media Contact:
Mike Smargiassi/Jomar Orejuela
The Plunkett Group
212-739-6729
mike@theplunkettgroup.com / jomar@theplunkettgroup.com
SOURCE: Global Industrial Company
View the original press release on ACCESS Newswire
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