Blackstone backed-PSAV to acquire Encore Event Technologies from The Freeman Companies.

PSAV, a global leader in event experiences, and The Freeman Company, have entered into a purchase agreement for PSAV to acquire Encore Event Technologies, a global provider of event technology, staging and production services. The transaction is expected to be finalized later this year. Terms of the transaction will not be disclosed. The combination of PSAV and Encore will join two companies with deep expertise and a shared commitment to be an invaluable global partner for the meeting industry. This transaction reinforces PSAV’s mission of Connecting and Inspiring People by expanding the breadth of its capabilities throughout North America and Asia Pacific. “Encore is an ideal partner for the PSAV family of companies given its shared commitment to meeting and event planners, and strong alignment with our purpose and mission,” said Mike McIlwain, CEO of PSAV.