KPMG’s world-renowned team of strategic advisors to guide Monumental through a critical period of business development, as the organization transforms Capital One Arena and expands business operations.
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Washington, DC (September 24, 2024) – Today, Monumental Sports & Entertainment (MSE) introduced a new strategic partnership with KPMG LLP, a US accounting, tax and advisory firm, as the organization’s Official Consulting & Advisory Partner, which is an extension of the collaboration that between these two companies. Under the new relationship, KPMG will use their organization’s expertise in driving value from innovation to help MSE define the future of sports by designing world-class fan experience, technology-based solutions , and social development. A multi-year partnership will exist across all Monumental businesses.
KPMG will play a major role in improving the fan experience and community impact of the current Capital One Arena, home of the Washington Capitals (NHL) and Washington Wizards (NBA). KPMG will also guide the extensive technology transition and development of the arena and the expansion of Monumental’s business and hospitality operations in downtown Washington, DC.
“There has never been a more important time for our organization, as we embark on the opportunity of a lifetime to transform Capital One Arena into a premier sports and entertainment center in the heart of the nation’s capital and to set up our business as a whole for sustainable growth and innovation,” said Jim Van Stone, President of Business Operations and Chief Commercial Officer at Monumental Sports & Entertainment. “KPMG’s unparalleled expertise in disruptive innovation and improving the communities they serve will play a key role in leading Monumental into the future, redefining the fan experience of this new entertainment district and enhancing the standards of culture and economy of the city of DC”
Monumental’s expanded relationship with KPMG will include a reimagining of the entire fan experience and the journey of all guests who come through the doors of Capital One Arena. KPMG will also create a world-class technology platform to deliver unique, tailored, and tailored experiences to fans—in person and at home.
“KPMG has always loved the world of sports and the transformative power it holds, and we pride ourselves on our ability to anticipate and adapt to its ever-changing landscape,” said Shawn Quill, Country Director of the Sports Industry KPMG. “The future of the fan experience depends on cultivating memorable moments, encouraging engagement, and embracing technology to enhance the quality of the experience. This expansion of our relationship with Monumental Sports & Entertainment presents a great opportunity for organizations both to collaborate and strengthen our collective power.”
Washington, DC is home to leading business and technology companies from around the world, and Monumental Sports & Entertainment’s teams and properties serve as a shared platform for forward-thinking leaders. This agreement will not only allow KPMG to use the various media in the country – especially the Monumental Sports Network (MNMT) and the network of the digital group – as a partner that produces the news series of the year Many highlight the transformation of Capital One Arena, but NBA International. Team Marketing partnership rights allow the story of the transformation of the fan experience to be shared internationally.
Since 2022, MSE has hosted the KPMG Ignition Center inside the Capital One Arena. The state-of-the-art ‘business suite’ is equipped with the latest technology and serves as a 365-day meeting place for KPMG and its clients to collaborate and solve business problems together, anytime any day, regardless. arena event schedule. Today’s announcement builds on that foundation of innovation and represents a new step in reimagining the fan experience and functionality of the space enabled by technology. For more information on KPMG’s Sports Industry Practice, visit Visit.KPMG.US/Sports.
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Monumental Sports & Entertainment
Monumental Sports & Entertainment is America’s leading sports and entertainment family. Our people, players, teams and events bring joy and happiness to millions of people. We invest and innovate to constantly elevate the game so we can deliver amazing experiences that will inspire and connect our community, our fans and our people. To learn more, please visit monumentalsports.com.
About KPMG LLP
KPMG LLP is the American firm of the global KPMG group of independent professional services firms that provide audit, tax and consulting services. The global KPMG organization operates in 143 countries and territories and has more than 273,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
KPMG is well known for being a great place to work and build a career. Our people have a sense of purpose in the work we do, and a strong commitment to public service, including diversity and ending child illiteracy. Learn more at kpmg.com/us.
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