From Humble Beginnings to a Pioneering Employee-Owned Legacy

Our story commenced in Iowa on November 7, 1996, with the establishment of Compass Facility Management by our CEO, Steve Peters. As our services expanded, we evolved into VenuWorks, a name that encapsulates the full range and depth of our offerings, aligning more closely with our core mission. Over three decades we’ve grown to a company of 3,500 employees that manage 60+ venues in 27 communities across the United States. A significant chapter in our history was written on April 1, 2023, when Steve Peters fulfilled a long-cherished dream by initiating an Employee Stock Ownership Plan (ESOP). This strategic move not only positioned VenuWorks as the nation's sole employee-owned venue management firm but also highlighted our commitment to innovation, community engagement, and the empowerment of our employees.