Centerplate, formerly known as Volume Services America, Inc., was originally a division of Canteen corp. In 1995 it was sold to Flagstar, controlled by private equity firm Kohlberg Kravis Roberts (KKR), which then sold Volume Services to The Blackstone Group. Volume Services changed its name to Centerplate in 2004 when the company completed an IPO. In 2009, Centerplate again became a private company following its merger with an affiliate of Kohlberg & Company. In 2012 Centerplate was acquired by a consortium of investors including members of the then current management team as well as private equity firm Olympus Partners which continues to own the Company.