HOUSTON, March 25, 2013 /PRNewswire/ -- A theatrical management and development company formed by entertainment industry veterans, ACE Theatrical Group specializes in preserving historic treasures and expanding the arts community. It works to design, reconstruct and operate live performance venues throughout North America, with a long history of success. "Many theatres have fallen into disrepair due to various reasons. As an experienced team, we have the opportunity to preserve a historic treasure, restore it and reactivate the arts community," said David Anderson, President and CEO of ACE Theatrical Group. ACE Theatrical Group is a continuation of PACE, an entertainment company launched by renowned promoter, producer and venue manager Allen Becker in the 1960's. Both were created to re-energize the arts community and offer more diverse and professionally managed indoor performing arts centers. "PACE paved the road for Broadway and spectacular indoor entertainment venues," said Allen Becker, chairman of ACE Theatrical Group. "ACE Theatrical Group is carrying on this business. We are developing a better product and delivering it to communities, stimulating local economies and rejuvenating theatres that are part of our history and future at the same time." ACE Theatrical Group combines public and private sources of funding and works with local municipalities, businesses, community groups and non-profits. "We successfully tap into local communities via grassroots efforts and on-site management, allowing us to know exactly the style of art, music, theatre, dance or entertainment each community would like to see in its neighborhood," said Anderson. "Each community is a unique entity, and our team plays an active role in creating a diverse program mix to serve each one." Emphasis is placed on providing a mix of performance genres including musical theatre, performing arts attractions, national music and comedy artists, cultural attractions, educational outreach, and family and children's entertainment, enabling all segments of the community to appreciate and enjoy their theatre.