M&A Deal Summary

The Blackstone Group Acquires Encore Group

On June 19, 2018, private equity firm The Blackstone Group acquired business services company Encore Group

Acquisition Highlights
  • This is The Blackstone Group’s 10th transaction in the Business Services sector.
  • This is The Blackstone Group’s 150th transaction in the United States.
  • This is The Blackstone Group’s 6th transaction in Illinois.

M&A Deal Summary

Date 2018-06-19
Target Encore Group
Sector Business Services
Buyer(s) The Blackstone Group
Deal Type Going Private
Advisor(s) Morgan Stanley
Goldman Sachs (Financial)
Weil Gotshal & Manges (Legal)

Target

Encore Group

Schiller Park, Illinois, United States
Encore Group engages in event experiences, providing creative, production, advanced technology and staging services to help meeting planners deliver more dynamic and impactful experiences at their meetings, trade shows and special events. It is the trusted partner and exclusive on-site provider of choice at leading venues worldwide. Encore Group is based in Schiller Park, Illinois.

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Buyer(S) 1

Buyer

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 394.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.


DEAL STATS #
Overall 241 of 362
Sector: Business Services M&A 10 of 20
Type: Going Private M&A Deals 22 of 41
State: Illinois M&A 6 of 12
Country: United States M&A 150 of 230
Year: 2018 M&A 7 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-19 Cylance

Irvine, California, United States

Cylance develops artificial intelligence to deliver prevention-first, predictive security products and smart, simple, secure solutions that change how organizations approach endpoint security. Cylance provides full spectrum predictive threat prevention and visibility across the enterprise to combat the most notorious and advanced cybersecurity attacks. Cylance was founded in 2012 and is based in Irvine, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-02 stow Group

Spiere-Helkijn, Belgium

stow Group manufacturer of customised racking and storage solutions for warehouses. stow Group is involved in the conception, production and installation of storage systems: racks, warehouse automation and metallic furniture. stow Group was founded in 1985 and is based in Spiere-Helkijn, Belgium

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