SCHILLER PARK, IL, and DALLAS, TX — PSAV, a global leader in event experiences, and The Freeman Company jointly announced that the companies have entered into a purchase agreement for PSAV to acquire Encore Event Technologies, a global provider of event technology, staging and production services. Freeman launched Encore in 2014.
“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. “I am excited about what this means for PSAV, and more importantly our customers, as we continue to focus on more ways to create amazing event experiences wherever an event is held.”
“We’re extremely proud of the success everyone at Encore — including our FAV Canada operations — have created in building one of the world’s leading in-house hospitality, event technology and production services businesses,” said Joe Popolo, CEO of The Freeman Company.
“It has been an honor to lead Encore and to witness its growth,” said Ken Sanders, Chief Development Officer of The Freeman Company. “I want to thank everyone at Encore for applying their work, skills, dedication and creativity to build this world-class company, and I look forward to watching their continued prosperity as part of PSAV.”
The transaction is expected to close later this year. Terms of the transaction will not be disclosed.