Blackstone's activity service supplier Encore (ECR.US) has submitted an IPO application, planning to raise $500 million.

Encore, a company that provides audiovisual and other production and venue services for B2B live events, has submitted an IPO application to the U.S. Securities and Exchange Commission, expecting to raise up to $500 million. The company, formerly known as PSAV, attempted an IPO in 2016 but postponed the transaction; subsequently, the Blackstone Group acquired the business in 2018 and renamed it Encore in 2021. Encore is a leading B2B live event production and venue services company, providing end-to-end support for corporate meetings, industry conferences, trade shows, and other offline events. Its services include event planning, creative direction, audiovisual systems, lighting, rigging, power distribution, network services, live streaming, and on-site execution, leveraging long-term venue partnership agreements with global hotels, convention centers, sports arenas, and corporate campuses. The company primarily operates as the preferred live event technology and production partner within its contracted venue network. Headquartered in Schiller Park, Illinois, the company was founded in 2013, with a history dating back to 1937. It reported $3.4 billion in revenue for the 12 months ending on December 31, 2025. It plans to list on the New York Stock Exchange under the ticker symbol ECR. Encore submitted the application confidentially on October 15, 2025. Bank of America Securities, Goldman Sachs, Morgan Stanley, Evercore ISI, JPMorgan, Jefferies, RBC Capital Markets, UBS Investment Bank, Rothschild, Stifel, William Blair, Nomura Securities, WR Securities, LionTree, and Raine Securities are serving as joint bookrunners for the transaction.