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Blackstone-backed PSAV to acquire Encore Event Technologies

Event technology services provider PSAV Inc. will acquire Illinois-based peer Encore Event Technologies Inc. from The Freeman Cos. for an undisclosed amount.

The transaction, expected to be completed in late-2019, will help boost PSAV's capabilities to serve clients across North America and the Asia-Pacific region, according to a Jan. 14 news release.

Encore offers event technology, staging and production services to the global hospitality industry. PSAV is a portfolio company of private equity firm Blackstone Group LP.